Peachy Loans Alternative
£250 – £2,000 loans for all of life’s ups and downs
Your alternative to Peachy Loans
There are times in all our lives when we need a loan. But if that time is now, where do you start looking?
One loan company that you might have heard of is Peachy Loans.
However, Peachy Loans went into administration in March 2020*.
This means that you are no longer able to apply for a Peachy loan.
Fortunately there are still other lenders who are offering loans and may be able to help you with a good Peachy alternative.
On this page we explain how Loans 2 Go could be your Peachy alternative.
What kind of loans does Loans 2 Go offer?
Peachy Loans offered loans between £100 – £1000, repayable over 1-12 months. At Loans 2 Go we offer more flexibility. You can borrow between £250 – £2000, repayable over 18 months – 24 months. This makes Loans 2 Go an ideal Peachy alternative.
But let’s just explain our loans in a little more detail.
How much money can you borrow?
As a responsible lender we need to ensure that any loan you take out with us is affordable. It would not be fair to either of us if that is not the case.
So as part of the loan application process we will undertake some simple credit and affordability checks, to make sure that the loan is affordable for you.
However, this does not mean that we won’t lend to you if you have a poor credit score. We are more interested in the present than the past. So as long as you can afford the loan repayments, we will consider lending to you even with a poor credit score.
Would I be eligible for a Loans 2 Go loan?
We have already explained that we will consider lending to you even if you have poor credit history or a CCJ. Which is another reason why Loans 2 Go is an excellent Peachy alternative.
We also have some general criteria for our loans. You would need to be:
- Aged 21 or over;
- Currently employed with a regular income;
- The holder of a UK personal bank account and debit card;
- Resident in the UK, either as a homeowner, tenant, or living with your parents.
What are the advantages of the 18-24 month repayment period?
We will agree the exact repayment period with you at the start of your loan, depending on how much you want to borrow. Either way, it gives you plenty of time to make your repayments and also means that your repayments are smaller as they are spread over a longer period of time.
You can make loan repayments on either a monthly, weekly or fortnightly basis. You can pay us either by setting up CPA (Continuous Payment Authority) on your debit card or through our online payment portal.
And by the way, if you decide to repay your loan earlier than the agreed repayment period, that is fine with us: we won’t charge you anything for doing this.
How can I get a Loans 2 Go loan?
We understand that applying for a loan can be stressful. So we do our best to make things as quick and easy as possible.
We are a direct lender so you apply directly to us, there is no third party involved. You can also do everything online from the comfort of your own home.
There are three simple steps:
- Click Apply Now and simply select the amount of money you want to borrow.
- Enter the information we need on the online form then submit it to us.
- Check the instant decision you will receive from us. If your application is approved, we aim to get the money into your account the same day*.
We hope that you will choose Loans 2 Go as your Peachy alternative, and look forward to hearing from you soon.
*correct as of April 2020
Personal loans | 18 or 24 months
Life is full of ups and downs, and sometimes things just don’t go to plan.
£250 - £2,000
personal loans
Over 2,000,0000
people helped
Confidential &
secure
Money
same day
FAQ
Once your application has been approved, you will normally receive the same day subject to our working hours. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures.
We are very flexible and provide repayment options of weekly, fortnightly, or monthly.
