Lending Stream help and info required

[Bennyuk]

Hi everyone,

 

Just like many other people on here, I have been silly enough to get into the payday loan trap!

 

Until I can get interest frozen, I am literally trapped in a never ending loop.

 

I have recently got a break from quick quid who are allowing me to pay over 4 months, which is a lot but I guess its manageable.

 

Txtloan also were very helpful and have a good repayment plan that i am happy with.

 

Does ANYONE have any success with lending stream, I have not yet told them I am going to have financial difficulty. I can pay my due money this month, but next month is not looking good. I would rather tell them in advance rather than default and face all the nasty calls etc. So hopefully someone will have some success or tips for lending stream please??

 

Thanks

[onlymemyself]

lending stream passed my two loans onto a company called money managed who agreed for me to repay over 18 months - they take a cut though!! But I agreed as was low repayments every month. think I will end up paying about double back.They did offer well reduced settlement though but I did not have the money to do this at the time but hopefully will be able to negotiate in a few months. Good luck

[PDLVictim]

Hi Bennyuk,

 

I managed to get a repayment plan from LendingStream over 12 months directly with them. The repayment plan will be for the whole sum contracted (e.g. if you entered into their 6-months loan it will be for the total amount, but over 12 months, so 6 months interest free and no charges).

 

Contact them as early as possible (so your next rate is already lower which gives you breathing space for the hefty 4-months QQ arrangement). Only communicate via email and only pay by standing order to their bank account (Account number 13434028, Sort code 20-19-90).

 

Regarding QQ just FYI you would be able to stretch it one month further if you need it. When you are in the fourth month (fourth rate) there is also then the possibility to get into a further repayment plan over ca. 6 month for the last rate directly with them.