Lending Stream Loans - A Lender Overview & Comparison With cashasap.co.uk
Are you wanting to understand more about Lending Stream loans? In this article we explain how the lender operates, what type of credit it offers, and how it compares with other short-term loan providers. We will provide you with an overview of the Lending Stream brand, its history, and explain its loan products outlining how it compares with cashasap.co.uk.
Who is Lending Stream?
Lending Stream is an online lender that provides short-term loans designed as an alternative to traditional payday loans. The company was established in 2008 and has been operating in the UK short-term credit market for many years.
Lending Stream is a direct lender, meaning that customers apply directly with the company and, if approved, borrow from them directly rather than through a broker.
The brand operates under Gain Credit LLC, a US-based financial services company that also runs several other lending brands in the UK, including Drafty and Afforda. These brands provide different types of credit products, but all operate under the Gain Credit group structure.
What Type of Loans Does Lending Stream Offer?
Lending Stream offers short-term instalment loans, which are structured differently from traditional single-repayment payday loans.
For new customers, loan amounts typically range from £50 to £800, while returning customers may be able to borrow between £100 and £1,500, subject to creditworthiness and affordability checks.
Unlike some payday lenders that offer very short repayment periods, Lending Stream does not provide loans with repayment terms shorter than 60 days. Instead, its loans are usually structured with repayment plans of 6 months or 12 months, meaning customers repay the balance over several instalments. Lending Stream allows early repayment with no penalty.
Lending Stream offers its loan product to people with bad credit, subject to status. Similarly to other bad credit loan providers, loan amounts offered to customers are low in value with a high representative APR when compared with mainstream lenders.
Lending Stream as a Payday Loan Alternative
Lending Stream describes its product as a payday loan alternative, as repayments are spread over multiple months rather than being repaid in a single payment.
This instalment approach can make repayments more predictable for some borrowers, although it also means the borrowing period is longer compared to very short-term loans.
As with any credit product, applicants must pass affordability and creditworthiness checks to be approved for funds.
How cashasap.co.uk Compares
Cashasap.co.uk is also a direct lender providing short-term loans to eligible UK customers, including people with bad credit. While both companies operate in the online lending market, the structure of the loans offered differs slightly.
Cashasap.co.uk focuses on smaller, shorter-term borrowing, with loan amounts typically ranging from £200 to £750. Repayment periods also differ from Lending Stream, and can range from 1 day up to 6 monthly instalments, depending on the customer’s circumstances, loan type and affordability assessment.
Both companies are authorised and regulated by the Financial Conduct Authority (FCA), meaning they must follow UK rules designed to ensure responsible lending.
Lending Stream vs cashasap.co.uk – A Direct Comparison
| Feature | Lending Stream | cashasap.co.uk |
|---|---|---|
| Direct Lender | Yes | Yes |
| Established | 2008 | 2012 |
| Parent Company | Gain Credit LLC (USA) | APFIN LTD (UK) |
| Loan Amounts | £50–£800 (new customers), up to £1,500 returning customers | £200–£400 new customers, up to £750 returning customers |
| Repayment Period | Minimum 6 months, maximum 12 months | 1 day to 6 monthly instalments |
| Loan Type | Payday loan alternative instalment loans | Short-term instalment loans & payday loans |
| Application | Online | Online |
All loans are subject to affordability checks and individual circumstances.
Considering Alternatives to Lending Stream Loans
When comparing lenders, it can be useful to look at different loan structures and repayment terms. Some borrowers may prefer loans that are repaid over a longer instalment period, while others may look for shorter repayment options for smaller amounts.
At cashasap.co.uk we offer an alternative to Lending Stream loans, particularly for customers looking for smaller borrowing amounts and more flexible short-term repayment options.
Why you should choose us
Important: Borrow responsibly. Short-term loans are not suitable for ongoing financial difficulties or long-term borrowing.
Applying for a Loan with cashasap.co.uk
To apply for a loan with cashasap.co.uk, applicants must:
- Be aged 18 or over
- Be a UK resident
- Be in full-time or part-time employment
- Have a UK bank account with a debit card
- Be confident they can afford the repayments
Applications are completed online and assessed individually. If approved, funds are typically transferred to your UK bank account the same day.
Borrowing Responsibly
Short-term loans should only be used when necessary and when you are confident you can repay them on time. Before applying for any loan, it is important to:
- Borrow only what you need
- Check the total cost of borrowing
- Ensure repayments fit within your budget
- Seek free financial advice if you are struggling with debt
Free and impartial financial support is available from organisations such as MoneyHelper and other independent debt advice services.
Summary
- Lending Stream is a direct lender established in 2008
- It operates under the US-based Gain Credit LLC group alongside brands such as Drafty and Afforda
- Lending Stream loans are structured as instalment loans with repayment periods of 6 or 12 months
- cashasap.co.uk is also a direct lender offering small, short-term loans and an alternative to Lending Stream loans
- Comparing lenders can help you find a borrowing option that suits your financial circumstances.
