Who are Lending Stream?

Lending Stream is a UK-based direct lender specializing in short-term loans. They offer loans ranging from £50 to £1,500, which can be repaid over 6 or 12 months.

Why are Lending Stream contacting me?

Lending Stream may contact you if you have taken out a loan with them and there are issues related to repayment. This could include reminders about upcoming payments, notifications of missed payments, or discussions about setting up alternative repayment plans if you are experiencing financial difficulties​.

Is contact from Lending Stream serious?

Yes, contact from Lending Stream should be taken seriously as it typically relates to the repayment of a loan. Ignoring their communications could lead to additional charges, increased debt, or potential legal action. It’s important to respond promptly to avoid further complications​.

Can a Debt Management Plan stop Lending Stream?

A Debt Management Plan (DMP) can help manage your repayments to Lending Stream by consolidating your debts into one affordable monthly payment. By entering into a DMP, you might be able to reduce or stop direct contact from Lending Stream as the plan will handle your repayments.

I have received a letter from Lending Stream, what does this mean?

Receiving a letter from Lending Stream usually means they are addressing an issue related to your loan, such as overdue payments or important changes to your account. The letter will provide details about the amount owed and the steps you need to take to resolve the situation​.

What rights do I have against Lending Stream?

You have several rights when dealing with Lending Stream, including the right to be treated fairly and not be harassed. Lending Stream is regulated by the Financial Conduct Authority (FCA), which ensures they follow strict guidelines in their dealings with customers. You also have the right to request information about your loan and dispute any discrepancies​.

Lending Stream are sending debt collectors to my house, what should I do?

If debt collectors visit your home on behalf of Lending Stream, you are not obligated to let them in. Debt collectors cannot force entry into your property without a court order. It is advisable to verify their identity and contact Lending Stream directly to discuss your debt and explore possible repayment options.

Will Lending Stream repossess my home?

Lending Stream cannot repossess your home as their loans are typically unsecured. However, if the debt remains unpaid and legal action is taken, it could lead to severe consequences including court judgments.

What Debt Management Plans can help stop Lending Stream from contacting me further?

DMPs and Individual Voluntary Arrangements (IVAs) can help manage your repayments to Lending Stream by consolidating your debts into manageable payments. These plans can reduce creditor contact as they provide a structured repayment plan

What if I can’t afford to pay Lending Stream?

If you can’t afford to pay, you can contact MoneyHelper for free advice. Alternatively, to speak with an expert debt advisor about debt solutions, you can contact MoneyPlus today.

Please Note: We are not affiliated with Lending Stream. However, if you are having trouble with Lending Stream, please contact us now.