Loans from Peachy

rhythmb

I know taking out a short term loan is unadvisable, but if I took a loan out with Peachy do they send welcome letters or documents to my house or is everything done via email?

Ebe_Scrooge

According to their website it's all done online.


You've already said that it's unadvisable to use these legalised loan sharks - I would just reiterate that they really are a bad idea. They charge a fortune in interest, and it'll have a negative effect on your credit history. Do you really need the money that badly ?

TadleyBaggie

So has the one-off loan you wanted from Sunny in October, now turned into a long term loan? You seem to be on a slippery slope.

Nadiasagan

Is it worth taking a loan nowadays? I think it isn't

rhythmb

TadleyBaggie wrote: »

So has the one-off loan you wanted from Sunny in October, now turned into a long term loan? You seem to be on a slippery slope.

No. That loan was paid off straight away.

DCFC79

Whats the reason for wanting another 1 again ?

rhythmb

I have a holiday to pay off, which I've done but I just need some money to tide me over until the next pay day.

Ebe_Scrooge

If you need a PDL to pay for a holiday then you can't afford it. Sorry if this sounds harsh, but is it really worth trashing your credit history and paying extortionate interest just for a holiday ?

[Deleted User]

Peachy used to have something to do with QQ as when I declined last year with Peachy it was interesting what appeared on the credit report... (Might have been the time their system was hacked or something like that if I recall vaguely then seeing a newspaper article around April/May also of last year?) but still just saying... I tried contacting Peachy after my application as was puzzled and couldn't even get hold of them on their phones even if it was 1 lunch time..

I stand corrected on what was previously advised
This was the issue I remember last year
http://www.thisismoney.co.uk/money/news/article-3025626/Sorry-rate-1-256-cent-not-434-cent-says-payday-lender.html

Have you tried for an over draft ? While the bank said no twice it did later reveal other forms of credit that I was left surprised at, now I've some more solid employment history behind me, even Cash Converters may be better as they just issue paper receipts in store (though I've not used for loan purposes just help to once make the first installment on a loan at the buys desk when I been stupid or had I)

Any reason why you are not using a 'manual checking' short term loan company? Or same lender. Not judging you but it really upsets the credit file, as much as I don't get it, more than the worry of receiving any correspondence I believe.