Lending Stream

Lending Stream

November 23, 2009 07:00 ET

Lending Stream, a Payday Loans Company, Promises 'Healthier Wallets With Easier Debt' This Holiday Season

EDGWARE, UNITED KINGDOM--(Marketwire - Nov. 23, 2009) - It is that time of the year when people have a lot of shopping to do - purchase gifts, plan vacations, and bring in the New Year in style. To help them address these expenses, whilst ensuring that they don't run up substantial debts, this payday lender offers short-term Payday Loans with easy repayment schemes.

Typically, when people take a Payday Loan, they are expected to repay the amount along with the interest fee on their next pay date. The 30-day repayment window can sometimes be inconvenient for those with tighter budgets, often leaving their finances strained when a Payday Loan is actually expected to help them out. With these considerations in mind, Lending Stream has designed a flexible, instant cash product that allows its customers to borrow and repay at their own convenience.

A spokesman from Lending Stream commented:

"We have noticed that our customers welcome multiple options to repay a loan. So, we offer them flexible repayment schemes that allow them to pay back the amount in parts over an extended loan term. We also offer them the option of closing their loan anytime they want, without any penalties for prepayment."

Post Christmas and New Year, it is but natural that customers dig into their cash reserves to make pending bill payments. Those without savings find the going tough and are often left with little cash to meet their regular, monthly expenses. Lending Stream's easy repayment schemes help people gain more headroom with their monthly budget, since the cash outflow towards the loan is lesser. This also leaves them with more disposable income for other expenses.

"We also expect our customers to be sensible with their repayment decisions. One should understand that a longer loan term could also accrue higher interest, though the instalment amount is low. So, we encourage them to close their loan as early as they practically can," the spokesman said.

Last year, the economic crisis dampened the festive spirit to an extent. This year, Lending Stream guarantees a turnaround by offering Payday Loans for holiday expenses and better repayment options to help people streamline their cash flow for a brighter, more promising new year.

To find out more about Lending Stream, visit: http://www.lendingstream.co.uk

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