Cahoot Loans Reviews

Cahoot loans may help you buy things that you want, go somewhere, pay debts, etc.

Lots of people time to time want to obtain some extra money to enjoy more opportunities or just to deal with unexpected expenses.

In this article, you will find out whether loans from Cahoot are a really good solution for you.

About Cahoot

Cahoot is an official member of Santander, a large European bank and a financial provider in the UK.

Their financial products are available through the bank, directly on the website, or through the call center.

cahoot reviews

It is possible to open savings accounts with Cahoot or apply for personal loans. You can contact their representative via an online contact form or phone.


What Do They Offer?

The business offers unsecured personal loans, which means that you will not have to provide any collateral, for instance, your home as protection in case of problems with payments.

It is up to you for what you wish to spend the borrowed money.

It is possible to apply for a loan in the amount ranging from £1,000 to £20,000 for the period of time from 1 to 5 years.

The interest rates are determined based on the personal financial circumstances of the borrowers.

Qualifying customers may receive a low APR Representative of only 3% if they borrow something from £7,500 to £20,000.

The offered rate is fixed, so you will need to pay the same amount every month.

You can also purchase PPI in order to make sure that you or your family will have no problems with paying debts due to unexpected negative circumstances.

It is important to note that this feature is optional and you can refuse to pay it.

What Requirements Do They Have?

Your application can be approved if you match to the following requirements:

  • Being a resident of the UK;
  • Being above 21 years old;
  • Having an income of at least £6,000;
  • No history of bankruptcy;
  • No history of an IVA and a CCJ within the last six years.

Repayments are made only via Direct Debit.

Ratings and Reviews

Currently, on Readies you can check out 293 reviews with an average rating of 4.5 out 5.

The customers especially like the customer support of the business and ease of use.

On the website of the Review Centre, you can check out 7 reviews giving the company the rating of only 1.6 out of 5.

Most of the negative comments are related to an expected increase in the rate.


Cahoot is a stable business that offers various financial products, including loans at attractive conditions.

Since it is a division of a bank, they have pretty strict conditions and do not approve applications from people with bad credit.

There are plenty of positive reviews about this service and a few negative.

Generally, you can try to apply for Cahoot loans, but you should make sure that you clearly understand their conditions.

1 Review

  1. Cahoot is, probably, the best service for people, who need fast financial support and maximally convenient services. I am a return client here, since it is my third time taking a personal loan. Each time I make sure there is no better option for me available. Even with an average credit history I get competitive interest rates.

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