Lending Stream

Lending Stream

March 08, 2010 01:00 ET

Payday Loans Lender Urges Customers to Watch Out For Mimicking Fraudsters and Scammers

EDGWARE, UNITED KINGDOM--(Marketwire - March 8, 2010) - Lending Stream Ltd, a leading payday loans company in the UK, wishes to draw the attention of its customers and members of the general public to the prevalence of fraudulent activity being perpetuated by fraudsters aiming to defame the company and mislead its customers. It has been noticed that the name of the company, its logo as well as its address are being misused in attempts to defraud the public through false correspondence and other scams. This type of fraud may be via email, letters, text messages, facsimile or by using a website claiming to be that of Lending Stream Limited.

The customers of Lending Stream are being supplied with false, unscrupulous and misleading information by the scammers. The information includes business deals or non-existent products, as well as false payday loan products and product lines through anonymous letters. In order to provide legitimacy to their mails, the scammers send their letters on imitation Lending Stream Limited letterheads or through anonymous letters.

"We believe in responsible lending and it is a matter of grave concern that some of our customers are being misled with false information. We strongly advise customers to exercise caution while providing personal information, sending money or disclosing bank details to any person claiming to represent Lending Stream or to have a relationship with the company," a spokesperson from Lending Stream commented.

Lending Stream is leaving no stone unturned to trace and curb such unsolicited correspondence and is working closely with all regulatory authorities and law enforcement agencies to bring such fraudsters to Justice.

"It is our constant endeavour to provide the best and unparalleled support to our esteemed customers, while working earnestly to protect them from falling prey to certain scammers' evil motives. We will do all we can to uphold our strong values, goodwill and clean reputation that we have built in this business for around two years," the spokesperson stated.

Lending Stream urges its customers to seek information/clarifications by contacting its business office directly and/or online through info@lendingstream.co.uk or call the customer service department directly at 0844 251 0530.

The Principal Address for Correspondence is:
Lending Stream Ltd,
Wisteria Cavendish House,
369 Burnt Oak Broadway,
Edgware, Middlesex, 

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