Peachy Loans

APR:
947% Representative
Loan amount:
£50 to £100
Loan term:
1 Month to 12 months
Loan type:
Short Term

Peachy Loans provides small loans using a wide assortment of instalment plans to pick from than a number of other lenders. This permits a potential borrower to apply for a solution that will fulfil their distinctive needs with no hassles connected with lenders with fewer choices.

With Peachy Loans, there are no upfront fees for doing an application, and, so long as timely payments have been made, there are no fees associated with the upkeep of the loan.

Loan applications are fast from start to finish, and a choice can be produced in a matter of seconds once the information is submitted. Potential borrowers will have to give information about themselves, private contact information, current employment and earnings, in addition to additional financial details. Credit and affordability checks are run on each applicant to be able to make certain the loaned funds could be reasonably anticipated to be paid back.

People that are qualified for a loan may obtain the requested money, delivered right to their connected bank accounts, in as little as 15 minutes. Loans can be paid back via a continuous payment authority, however alternative options are also offered. Early repayment requests may be filed via text message to your advantage.

 

Peachy Loans Criteria

Age Requirement
18
Debit Card
Yes
Credit Checks
18
Other Requirements
See Website
Same Day Transfer Available
Yes
Loan Value Available
£50 to £100
Representative APR
947%
Loan Length
1 Month to 12 months
FCA Registration Number
674331
Loan Example
Borrow £400 for 6 months. Total repayment: £750.78 in 6 monthly payments of £125.13. Interest p.a: 259.33% (fixed). Representative 947%APR

Peachy Loans Review

Peachy Loans provides extended repayment alternatives for individuals looking for smaller loan amounts. Furthermore, funds may be obtained in as few as 15 minutes, and loan amounts are often as low as £50. This makes them perfect for those undergoing a small shortfall, and might be more cost effective compared to traditional overdraft fees evaluated by the majority of banks.

Applications can be filled in 24 hours a day 7 days a week for processing, enabling prospective borrowers to apply at one time that’s most suitable for their needs.

If your application requires further consideration, you might be contacted directly to confirm information or supply supporting documentation. All information about upcoming payments is supplied ahead of the loan being financed to ensure absolute transparency regarding the associated costs. Furthermore, repayment reminders will be sent for all borrowers to make certain they know of any forthcoming payment obligations.

Customer Review:

Peachy Loans
User Rating: 3.7 (3 votes)
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Company Pros...

  • No application fees
  • Loans funded within an hour of approval
  • Sliders available to see how much a loan will cost

Watch out for...

  • Will not accept applicants with CCJ's in the last 6 year
  • Have to have a valid debit card and a bank account