Title: For those who are yet to be familiar with the term Lending Stream
1For those who are yet to be familiar with the
term Lending Stream
2For those who are yet to be familiar with the
term Lending Stream, this is an agency which
provides short to medium term loans which are
paid over in an installment of 6 months or less.
3Take a representative example suppose the
borrowers borrow an amount of 200 for 35 days.
Now one total repayment with fixed 292 pa will
mean the borrowers will owe an amount of 256.00.
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5Now it is a noteworthy advise that short term
loans should only be used when short term
financial needs come up which are not appropriate
for a long term borrowing, or if the borrowers
are in an immediate financial difficulty and need
the cash as soon as possible.
6 So if any of the borrowers have decided to take
out a Lending Stream loan, here are some
information the borrowers could use.
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8Let's dive deeper into how Lending Stream loans
work and what are the benefits and drawbacks. The
first and foremost thing is, there is not much
flexibility when it comes to Lending Stream,
particularly when it comes to obtaining a loan
and the repayment options for that.
9 If the borrowers want get hold of a Lending
Stream loan they have to be a resident of UK who
is minimum 18 years of age or older, also the
borrowers need to be in a regular employment
schedule with an income of minimum 400 pounds per
month, and the borrowers should have a valid
debit card with a valid bank account.
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11Lending Stream does not lend to people who are
self-employed. If the borrower matches all these
requirements and are interested to know more, we
have some details here.
12To decide what amount the borrowers can get from
Lending Stream, the firm will use some credit
scoring system along with an affordability
analysis which gives an overall assessment of the
borrowers affordability of the loan.
13If the borrowers successfully complete a loan and
demonstrate good repayment behavior, they might
be eligible to apply for an even higher loan
amounts through Lending Stream.
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15This process is quite simple, the borrowers have
to apply for loan, and the Lending Stream will
analyze the borrowers personalized financial
stature, and if the loan is approved borrower
will receive the money.
16For more information visit us
www.trueblueloans.co.uk
17Thank You