Multiple Repayment Loans
Multiple repayments are the latest innovations in the thriving payday loan industry. Multiple repayments put power back in the hands of borrowers by giving you more options on how to repay your loans, making us the most flexible Lender in the market. The advantage of this option is that you don´t have to pay it back in one payment, making it easier for you to manage your finances.
How these repayments work
Peachy offers multiple repayments in the following format:
- Use the calculator on the right hand side of this page and operate the sliders to pick the amount that you want to borrow. Peachy offers from £100 to £1,000.
- The calculator also allows you to choose how long you want to pay the loan back for. This is where Peachy stands out from the crowd: you can choose from paying it back from 1 month up to 12 months.
- The calculator will automatically refresh to highlight the credit amount, the number of payments that you have to make the date of the first repayment. These clear details will help you decide whether you want multiple repayments as well as how much each repayment will be.
- If you can afford the repayments, click the apply now button to be considered
Multiple repayments will have the annual percentage rate (APR) of your loan as interest added to it which means that you should be aware of how much you are repaying to avoid falling into financial difficulty. Multiple repayments have energised the payday loan industry and Peachy will continue in its hard work as a responsible lender by offering affordable multiple repayments.