Peachy Loans

Peachy Loans

Peachy is a well-renowned loan provider, specialises in offering a wide range of short term loans for those individuals, who need a little financial help during any sort of financial emergency. It was started in the year 2010 with the objective of creating a new pattern of lending as compares to the existing loan lenders in the UK financial marketplace.

The company is working under the authorisation of Cash On The Go Limited, which is also a trustworthy lender providing payday loans with flexible repayment terms. It gives borrowers to avail up to £1,000 with no delay and without any unnecessary obligations.

The lender also promises to offer not just the different sorts of loans but also guiding the people in getting the right sort of finance with affordable interest rates and make them familiar with all the updates.

  • – What Attracts Most The Borrowers?

Peachy has been among the top of the list when someone applies for any short term loan. There must be some strong reasons why people in the UK want to apply for a loan from here. Some of them may be:

  • Policies according to the borrower’s convenience
  • Assurance towards no hidden surprises
  • Instant loan approval and fund disbursal
  • Transparency during the loan procedure

How to Apply for Loan at Preachy?

peachy loans overview

Applying for the loans at Preachy has never been too hectic because the direct lender has prescribed easy to follow eligibility criteria and application procedure. Borrowers, from anywhere in the UK, just need to fulfil these conditions and they can straightway apply for the loans:

  • Should be a UK resident
  • Age should be 18 years or more
  • A bank account in the UK bank or building society account with a valid debit card
  • Must have a valid contact address and number
  • Bad credit may be accepted but not with CCJ issue
  • Must be earning a good regular income

Once you qualify to these conditions, applying for the loans should not be a huge problem. However, the lender can expect full commitment from the borrowers during the procedure, which is as follow:

  • Visit the official website of the lender (
  • Use the calculator given and select the amount you need to borrow
  • Choose the loan duration from 1 to 12 months (as the lender’s website shows)
  • Open the application form online and fill it with mandatory details
  • Submit the form and wait for the loan to be approved

During the application procedure, users can check all their data and they can change anything if needed.

What Loan Products that Preachy Offers?

As mentioned above, the company is the larger provider of the short term loans and thus, all its loan products are suitable for tackling the financial emergencies. These products are:

Payday Loans: The lender is leading in providing payday loans, which have been among the most useful small loans. The company provides the loans on easy terms so that the borrowers can repay the funds on their next salary day. Borrowers can apply for the loans for the duration from 2 to 3 weeks and they use the funds for any unexpected expenses. Besides that, they also have the facility of repaying the amount in easy instalments if applied for a longer duration.

Same Day Loans: These loans are also the best resources to get the money on an instant basis. Although the interest rates will be slightly higher than other standard loans, the biggest benefit is getting the funds without waiting for hours or days. Sometimes, they are also called as the same day cash loans and just like the above payday advances, the repayments here are also a plus factor.

Fast Cash Loans: This is the third category of the short term loans at Preachy. They are processed with an hour and allowing the borrowers to get the desired money when they needed at the most. Whether you are confronted with unexpected bills or any other emergencies, the fast cash loans work best during such a situation. Besides, improving the credit score is also a major opportunity.

A Review on Peachy Loans UK

Direct lending has changed the perception of ‘how to fund the borrower’? Yes, traditional lending is also good in its terms but at present, the need is to be flexible with the growing demand of the loans. Peachy Loans is one of those direct lenders in the UK, just like Amigo Loans and Bad Credits History, which are known for their borrower-friendly lending policies.

In providing the short term loans, the borrowers do not face any difficulty in paying the interest rates. It happens probably because the loan policies here are affirmed only after analysing the borrowers’ financial circumstances. As the responsible direct lender, it realises the concerns of its prospective borrowers and frames the loan deals some way around their desires.

One thing that the finance company has to face is the tough competition in the marketplace. For the last few years, the sphere of the direct lending in the form of FINTECH has widened and lenders like BCH, On Stride and many others, have marked their presence with customer-friendly loan deals.

There is no doubt that Peachy Loans is such a lending hub on which one can easily trust especially when it comes to the short term loans.

Leave a Reply

Your email address will not be published. Required fields are marked *