2014 Lender Lists:

Short Term Loans | Payday Loans | Instalment Loans | 12 Month Loans
Doorstep Loans | Guarantor Loans | Logbook Loans

Peachy has been one of the fastest growing short term lenders in recent years. This London-based brand that trades from www.peachy.co.uk launched back in 2011. This company was created by Cash On Go Ltd that is headed by Kristjan Novitski who was one of the founding members of TxtLoan (now MyJar). The main asset that this particular service has lies in its impressive flexibility. This is through carrying an extensive repayment span from 5 days up to a possible 5 months (£250 minimum is required to receive the longest period). Once you have a repayment term in mind, you must pick out a cash sum between £50 and £500.

The costs involved are competitive when you use their Promotional Code. This voucher can be used by return customers. The standard cost per £100 borrowed is £12 over 7 days or £35 over 30, but with the promo in place you pay 1% daily (£7 or £30 over our sample terms). A secure customer login is provided at the vibrantly styled www.peachy.co.uk site. Loans are paid out every single day of the week. They are open from Monday to Friday (8am to 8pm) and on Saturday and Sunday (9am to 5.30pm). They hold a membership with the CFA (and the CSA on the debt collection side).

This service has been received incredibly well by those who frequently use them. This is evident from seeing that within just a few years they have grown their Facebook fan page to over 27,000+ users. They have been one of the closest contenders to take Wonga’s crown in the short term sector. A breakthrough has come from Wonga removing the ability to take out their transfer fee with vouchers. This means that Peachy loans are now cheaper and the ability to spread repayments out over months is a further distinction. This lender has been impressive to date and their product is similar to Sunny who themselves have been emerging quickly.