The Cahoot
personal loan comes with a typical apr of 5.8% fixed.
There is also a Cahoot flexible loan offer that has a typical
apr of 6.9% and you can change your fixed rate personal loan
to the flexible loan from Cahoot at any given time. In this
review we will be concentrating on the traditional fixed loan
offer.
With the Cahoot loan you can borrow amounts
ranging from £1,000 to £20,000 with 2 basic apr
tiers.For loan amounts less than £5,000 the typical
apr is 8.9% and for loan amounts £5,000 and over the
typical apr is 5.6%.
Loan amounts are repayable between 12 months
and 7 years, with an early redemption penalty of 1 month if
you choose to pay your loan in full before the end of the
loan term. You can also have your funds within 24 hours if
accepted, there will be a charge for this option.
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