cahoot cuts loan rates | Product News - Moneyfacts

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cahoot cuts loan rates

cahoot cuts loan rates

Category: Loans
Date: 25/07/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

cahoot has reduced its unsecured personal loan rates by up to 1.2% APR, offering a highly competitive choice for both mid and higher-tier borrowing.

The basics…

The biggest reduction can be seen in the £5,000 to £7,499 tier, which now charges 7.3% APR (down 1.2%).

However, the standout is the £15,001 to £20,000 tier, with its rate of 6.2% APR (a reduction of 0.7%) being one of the most competitive on the market.

The finer details…

Example repayments: £5,000 over three years = £152.05.

Rates are available to new or existing customers who apply online. Borrowers should remember that rates are representative and dependent on individual credit ratings.

Why we like it…

These reductions see cahoot retain its position in the Moneyfacts charts, with its higher loan amounts being particularly competitive.

Four Moneyfacts Stars have been awarded.

What Next?

Click here to apply for this Cahoot Loan product

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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