What is a fast cash loan?

A fast cash loan is a loan that you can apply to receive funds into your account directly and quickly. Typically, fast cash loans are processed within one hour, giving you immediate access to funds exactly when you need it.

Do you find yourself short on cash at times when you need it most?

Sadly, this happens to us all.

A far too typical example: you are halfway through the current month, spending your salary as budgeted, when suddenly, an unexpected expense crops up – car breaks down, boiler packs up or a family expense that you did not plan for arrives.

With your funds already allocated to paying your usual monthly expenses – what do you do?

Ask for an expensive bank overdraft?

Ask to increase your credit card limit?

These applications are laborious, lengthy and in the long term, can be very costly.

That is where a fast cash loan can be beneficial. You can receive immediate funds to pay for that new immediate expense so that you can keep your finances on track and repay the short-term loan at the end of the month.

How do fast cash loans work?

Peachy understands that access to credit can be challenging. That’s why we have made our fast cash loan application as straightforward and comfortable as possible.

As an online fast cash loan provider, you do not need to attend an appointment with our team or visit a financial branch to make your application. Just complete an online application form!

“Once we have approved your loan, you will receive the funds into your account by the next business day at the latest.”

How do I apply for a fast cash loan?

Unforeseen expenses occur suddenly and quickly. So, we at Peachy believe that obtaining funds should be just as straightforward. To apply for a Peachy fast cash loan, you will need to complete only four simple steps that include the following:

  • Personal details
  • Contact details
  • Employment details
  • Financial details

We need the above information for identification purposes and to run necessary credit checks. At the end of your registration, you will need to activate your account by clicking on the link that is sent to your e-mail, and by entering the password that is sent to your mobile on the account verification landing page.

After filling all required fields, we will calculate your credit score.

“Within seconds, you will know if we can lend you a fast cash loan.”

The terms of your Peachy fast cash loan are always displayed on the right-hand side of the loan calculator. Before finalising your loan, please take a moment to ensure that the terms offered to you are suitable.

What are the benefits of fast cash loans?

Fast cash loans primary benefit is that you will obtain a loan offer decision instantaneously and that if successful, you will receive money quickly.

Peachy understands that to tackle unexpected bills, applications must be fast so that individuals can receive prompt funds to pay what’s owed. With Peachy, once your application has been accepted, you can receive your money in your account by next business day, allowing you to get back to living your life as planned.

When personal funds are in short supply, maintaining your daily life can be tough. It can make daily living very challenging when unexpected expenses crop up, and you ultimately cannot afford to pay them.

Not meeting your costs can negatively impact your credit score, thus causing you future financial problems when seeking credit in the future. With a Peachy fast cash loan, you can keep on top of your outgoings, allowing you to keep a stable credit score.

How to be responsible with fast cash loans

  • Consider only during times of necessity

Fast cash loans should never be your first option, but rather a last resort for emergency funds. Fast cash loans must only be used during times of necessity as if you fail to repay it can impact your credit score.

Never apply for a fast cash loan to purchase something that you can live without, like a laptop or a holiday unless it is somehow critical to how you make a living.

  • Understand the fees and costs involved

It sounds obvious enough, yet many people remain oblivious to the fees accrued when applying for and securing fast cash loans. Although it looks straightforward, many lenders package their loan agreements with deceptively simplistic terms and conditions.

As a responsible lender, our fees are always displayed on the right-hand side of the loan calculator, so you fully understand the repayment terms.

  • Do not borrow more than you need

Borrow just the amount that you need at the time of applying. It is very tempting to borrow up to the amount offered, but consider the fees you will pay later when the loan must be repaid. The more you borrow, the more it will cost you to pay it back.

Just because you can have more, does not mean you should!