Peachy Loans Review

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The reason might be that this lender is:

- no longer funding loans
- out of business
- has not honoured its obligations with us (unpaid invoices, ...)

This lender is no longer available on

Company Name:

Trading name of: Cash On Go Ltd

Registration Number: 7306662

Credit Licence Number: 0637962

Representative APR: 1,255.66%

Maximum Loan Amount: £500

Loan Term: 15 days to 1 year

Cost to Borrow £100 for 30 Days: £24

Representative Example: Borrow £250 for 3 months. Total repayment: £379.44 in 3 monthly payments of £126.48.Interest p.a: 292.25% (fixed). Representative 1255.66%APR.

Hidden Fees: none (registration is free, no processing fees)

Promo Code:  yes, get it here

Contact: [email protected] / 0872 3310 433

Requirements to apply: you must be at least 18 years old, be a UK resident with a UK bank account, have an active debit card, a mobile number and an e-mail address. You also need to have a monthly income of at least £600.

You might have seen Peachy Loans on TV (they have some weird videos) where they advertise the flexibility of their loans, and it's true since you have the multiple repayments option. Thanks to that they feature a quite low APR (compared to similar competitors such as Wonga). As a new client you will be able to borrow from £50 to £500 for up to 12 months.

As a returning customer, you can borrow up to £700.

It is one of the lenders classified as proposing 'installment loans' which means you repay your loan in several equal payments. For example if you borrow £200 during 2 months, you will have to make 2 payments of £136.61 each (total repayment £273.00).

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