Is Peachy still trading?
Differences between Satsuma and Peachy
If you've been searching for information on applying for a Peachy loan you may be aware the company has now gone into administration. This means they're no longer able to offer finance to new customers. You're not currently able to apply for a Peachy loan.
What is the best UK loan company?
The Best Payday Loans in the UK – TOP 10
- THL Direct. THL Direct offers quick, short-term loans from £125 to £500 with 0.8% daily interest on the amount you borrow. ...
- Sunny. ...
- Lending Stream. ...
- Creditstar UK. ...
- Myjar. ...
- Cashfloat. ...
- Mr Lender. ...
- QuickQuid.
Is Peachy a payday loan?
You can borrow a Peachy payday loan up to 12 months however, but it is important to remember that the longer you have a loan for, the more interest builds up. When you take out a Peachy loan, you will find that their Representative APR is 947%.
Do payday loans still exist UK?
There are currently no restrictions on the interest rates payday loan companies can charge or on rolling over loans, however the government is pending new legislation to cap the costs of such loans. Advertising of payday lending is subject to the Consumer Credit (Advertisements) Regulations 2004.