Cahoot is to cut its typical personal loan rate, making its loan one of the cheapest on the market.
The new loan offers a typical APR rate of 5.8 per cent on loans of between £5,000 and £20,000, and 8.9 per cent on those of between £2,000 and £4,999.
With instant decisions available online, minimal early redemption penalties and no set-up fees, taking out a Cahoot loan couldn't be easier.
"Whether it is to consolidate other debts by having one convenient, low-cost payment, or to finance the holiday of a lifetime, there has never been a cheaper time to borrow from Cahoot," said Martin Peterlechner, head of Cahoot.
"With minimal redemption penalties and a simple online application, Cahoot gives great value for money and a great online service."Click here to find out more about personal loans.
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