Borrowers who are turned down by traditional lenders such as banks often look into alternative finance loans. Many people tend to hit the search engines and look for TV advertised companies such as Peachy when they are looking for a short term loan lender. These alternative lenders that can be found online usually offer loan terms of up to 30 days and require you to undergo a credit and affordability check. These loans are designed for short-term solutions to cover you until your next payday and not designed as a long-term financial solution. Trying to find the right direct loan lender can be tough as there are an abundance of brokers online; The Lenders List avoid working with these companies as they typically charge a fee for their service. Most lenders will conduct affordability checks to protect you and can sometimes an instant loan decision for whether you have been approved or not and you can have the funds the very same day but always remember that only borrow what you can afford to pay back to avoid spiralling borrowing.