Claim your Lending Stream payday loan refund
Lending Stream are one of the most complained about UK payday lenders in the market with over 5,000 complaints (61 per cent upheld), so if you’ve had a loan from them it’s possible you could be entitled to £100’s or even £1,000’s in compensation.
Who are Lending Stream?
Lending Stream is owned by Gain Credit who are an American company established in the UK in 2014. They’ve had an impressive 16,000 reviews on Trustpilot and average 4.4 stars, however they’ve not always had good press. In 2018 they revoked their dedicated complaints email address and replaced it with an online web form with no attachment facility for supporting evidence, which wasn’t popular.
What’s the current situation?
We’ve paid out compensation to Lending Stream customers who have been mis-sold a payday loan. The lender is being cooperate and working hard to complete payouts quickly.
What is the deadline?
Unlike many other payday lenders, Lending Stream is still trading in Dec 2021. They have produced dedicated landing pages for collapsed lenders, like Pounds to Pocket, which is a crafty way to divert customers to their own site. If they go into administration as an ‘unsecured creditor’ you’ll get back much less than you could be entitled to, so our best advice is to check now if you haven’t already.
Based on our own data, the average refund is £1,249.59* and the largest so far is £7,620**
*Data from cash refund offers received by Clear Legal Marketing Limited’s clients between 1st May 2021 and 30th April 2022. **data from our partner, Clear Legal Marketing Limited’s, settlements between 1st January 2019 and 12th January 2022.
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Don’t Delay. Check Now.
Don’t miss out on £100’s or even £1,000’s in compensation you could be entitled to. Checking only takes 5 minutes, so why not do it now?