Lending Stream Helps Cash-strapped Consumers in the UK, Securely and Responsibly

With the economy slowing down, paycheck figures are dwindling and at the same time, inflation rates are touching peak levels. Spiraling commodity prices further add up to people’s misery. Consumers find themselves in tight spots, since their expenditure often exceeds their income. A single unplanned and sudden expense, therefore, can leave your financial stability in tatters. Unless you decide to act to ensure that this expense doesn’t affect your planning in a big way. Amongst the many solutions proposed is the now ubiquitous ‘payday loan’ or 'cash advance'.

Established in 2008, Lending Stream Ltd. is an online payday lender with a spotless track record of adhering to payday lending regulations in the UK. They conform to their policy of transparency and responsible lending by avoiding canny practices, and by making sure customers know exactly how much they need to repay when they borrow payday loan or cash advance. The interest rates and other charges are explicitly stated, and to establish trust with the customer, Lending Stream has built a highly secure loan process bolstered by safe lending practices.

Lending Stream’s lending model is flexible and caters specifically to those people who might find themselves inadequately equipped to repay the entire amount on the due date. To address this predicament, the lender allows customers to repay the amount in installments spread across multiple cycles or months. If the customer chooses to close the loan early to keep the interest to a minimum, they are given the freedom to do so without incurring any prepayment penalties.