Cahoot (Cahoot.com) is a UK financial provider and the official online division of Santander, a major European bank. Cahoot financial products can be accessed through Santander or directly with Cahoot on their website or through their call centre. Customers can take out savings accounts with Cahoot or access the range of flexible personal loans.
Cahoot’s personal loans are unsecured, which means you won’t have to place any collateral against the loan, like your home. The personal loans from Cahoot can be used for a variety of financial needs – once you’ve been approved for the loan, you can spend it any way you like.
Customers can borrow anywhere from £1,000 to £20,000 from Cahoot, with the interest rates varying depending on your personal financial circumstances and the amount you need to borrow. When you apply for a Cahoot personal loan, the bank will run a credit check to assess what kind of rate to offer you and whether or not you qualify for a loan. Qualifying customers who apply for a loan of between £7,500 and £25,000 could receive a very low 4.2% APR Representative from Cahoot.
The loan can be paid back over a term of one to five years, and all repayments must be made by direct debit. Once you’re offered a rate, it won’t change over the course of the loan, so you’ll know exactly what your fixed repayment amount will be each month.
To apply for a personal loan from Cahoot, customers must be permanent residents of the UK and at least 21 years of age. You can apply for a loan online and call the Cahoot call centre line to have any questions answered or receive help with your application. Customers can also make queries about Cahoot’s personal loans through their local Santander branch or Santander’s phone line.
