Cahoot Loans
The new Cahoot Loan fixed rate has a typical rate of 6.6% APR.
A typical Cahoot Loan example on £5000 over 3 years is as follows:
With insurance: £168.34
Without insurance: £153.04
The new Cahoot Loan product has standard features such as fixed rate, fixed repayments, optional payment protection, it is available on loans between £1000 and £20,000 over 1 to 5 years. It also allows you the option to settle early online (up to one months interest may be charged) and customers can switch online between the flexible and fixed rate loans.
A Cahoot Loan on your terms:
- Borrow any amount up to your credit limit
- Only get charged interest on the amount you actually use
- Withdraw additional funds using our online transfer facility
- Pay off your credit, store card or other existing loans to make the most of our excellent rates
Cahoot Loan Flexible Payments
- Your interest rate remains the same however much you borrow
- Reduce your repayments when demands on your income are high
- Low minimum monthly repayment of £50 or 1.75% of the remaining balance, whichever is the greater
- Increase your payments if you want to pay more
- Pay back your loan in full at anytime without penalties
Your security is our priority with Cahoot Loans
- Affordable payment protection
- Your financial details are protected with the latest security technology
- Secure banking - however you access your accounts