Zebit nominated in the Best Prepaid Innovation Category in the 2012 Prepaid Awards UK

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Zebit, the new short-term loan product designed to help underbanked individuals to afford products on fair and affordable credit terms has been nominated as a finalist in the Best Prepaid Innovation category in the 2012 Prepaid Awards UK.

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The short-term loans sector has been sorely lacking in innovation and value for the consumer. Zebit aims to change that by delivering significantly more value at lower overall cost to the customer.

The Prepaid Awards is an annual event to recognise and reward the most significant achievements and successes of the prepaid sector. The awards were launched in October 2008 and since then the event has grown both in the quality of submissions received and in the number and calibre of industry professionals attending.

Believed to be the most flexible and innovative short-term loan product available in the UK, the platform behind Zebit is capable of making real-time decisions with automated modelling based on “big data” to quickly and accurately assess the potential risk associated with each potential customer. On approval the requested funds can be added immediately onto a free Zebit Prepaid MasterCard® card that can be used to access funds without any delay.

Zebit’s Sales and Marketing Director Chris deBoer commented: “The short-term loans sector has been sorely lacking in innovation and value for the consumer. Zebit aims to change that by delivering significantly more value at lower overall cost to the customer."

“With our Cashback feature, customers have an opportunity to effectively get cheaper credit for good payment behaviour. We think this is unique in the short-term lending market”, he continued.

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For more information please contact:
Bill Hunt
Bill Hunt Public Relations
Tel: 01785 859576
Email: bill(at)billhunt(dot)co(dot)uk

About Zebit
The short term consumer credit is provided by Zebit trading name of Lending Stream LLC, which operates under a consumer credit licence from the Office of Fair Trading. Zebit cards are serviced by Zebit Ltd. (Registration No- 7632980), which operates the card on behalf of IDT Financial Services Limited. The Zebit Card is issued by IDT Financial Services Limited pursuant to a license from MasterCard International Incorporated. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. IDT Financial Services Limited is regulated and authorised by the Financial Services Commission, Gibraltar. Registered Office: 57-63 Line Wall Road, Gibraltar. Registered No. 95716.

All communications relating Zebit should be sent to: Zebit, trading name of Lending Stream LLC, Camrose House, 2A Camrose Avenue, Edgware, Middlesex, HA8 6EG, UK.

About Lending Stream LLC
Lending Stream LLC is an online lender formed with a single mission: to make short term lending more straightforward and understandable for consumers. Lending Stream LLC is registered with the Information Commissioner's Office (Data Protection No: Z2752028) and hold a Consumer Credit License (0643942). We are registered in the State of Delaware, USA (Registration No: 4124111). Registered address: 2711 Centerville Road, Suite 400, Wilmington, DE 19808, USA.)

About MasterCard
MasterCard, http://www.mastercard.com, is a global payments and technology company. It operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @mastercardnews, join the conversation on The Heart of Commerce Blog and subscribe for the latest news.

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Bill Hunt
Zebit
01785 859576
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