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11-18 of 18 reviews Show most helpful reviews first Newest first

 

Community Level 1jjleeds

jjleeds

cahoot..excellent

Advantageskeep track of amount owing online

Disadvantagesnone as yet

"I changed to cahoot personal loan 1 year ago and cut my interest rate for my car from 28% to 7%. It is easy to apply for you just fill in the online application form tell them how much you want to borrow, what you would like your initial withdrawal to be and are told straight away if you have been provisionally accepted. If accepted you are then sent an information pack and credit agreement through the post, usually within 7 days which you ..." Read review
20.05.2003

Ciao members have rated this review on average: helpful

Community Level 1Cahoot_are...

Cahoot_are_crap

Avoid the Cahoot Flexible Loan warning

AdvantagesThey're keen to get you on board.

DisadvantagesA rapidly increasing interest rate once you've signed on the dotted line

"I recommend everyone avoids the Cahoot Flexible Loan. I took a loan with Cahoot out about 3 years ago, at an interest rate of 8.4%. Within a month of taking it out, they increased the percentage rate to 8.9% and then gradually increased the percentage rate over time until I am now paying 14.9%. Cahoot Flexible Loan have recently informed me that at the end of June 2007, the interest rate will increase to 19.9% - more than double what we had originally ..." Read review
17.06.2007

Ciao members have rated this review on average: helpful

Community Level 1sc_horne

sc_horne

Cahoot Flexible loans - bad experience!

Advantages Simple and quick online application, excellent interest rates for flexible loans

Disadvantages After 1 year, they increased my interest rate from 6.9% to 14.9%

"...happens around the time that cahoot are no longer offering this type of loan, and are recommending that you transfer to a fixed loan with Abbey. So personally i wouldn't recommend any cahoot products to anyone. ..." Read review
21.02.2007

Ciao members have rated this review on average: somewhat helpful

Community Level 1ken_tuck

ken_tuck

cahoot flexible loan

Advantagescompetetive apr just 7%. flexible loan. no early settlement charges,min payment just 1.75% of amount borrowed.

Disadvantagescan take two weeks to set up.

"...return with proof of addresses. cahoot accept utility bills, bank statements or credit card bills. ****** note it can take 4 working days to transfer funds to another account. *********************** PEACE OF MIND ------------- Now that i have the loan i have complete peace of mind at knowing if my circumstances change that the loan can be changed at a moments notice. i would strongly reccomend anyone that is thinking of a personal loan ..." Read review
20.10.2002

Ciao members have rated this review on average: somewhat helpful

Community Level 1Druants

Druants

Cahhot loan - rapid response

AdvantagesUncomplicated application, rapid response

DisadvantagesNone found

"...on the net I found Cahoot to be very easy and fast to deal with. Although there were a number of options open to me I chose a fixed rate loan so that I could plan my future expenditure. I also like the advantage of on-line control. Once I had worked out which product I needed from the options available I was able to use their loan calculator to see how much I could borrow. (And being 'retired' at less than 60 years old was not a problem, unlike some ..." Read review
23.02.2005

Ciao members have rated this review on average: somewhat helpful

Community Level 1Twinkle82

Twinkle82

Flexible loan

AdvantagesFlexible Loan

DisadvantagesIt means the interest rate is not set and can go up or down

"I found it quick and easy to set up and also had a quick response to any of my enquiries. The advantage is that its flexible so at times of the year when you need more money you can make the minimum payment and when you have a bit more money you can overpay as much as you want without being charged. You can also change the time of the month you want your payments to come out. You don't have a set time to pay it off by either but the longer you ..." Read review
01.04.2004

Ciao members have rated this review on average: somewhat helpful

Community Level 1Andrea2807

Andrea2807

Cahoot Flexible Loan

AdvantagesNo advantages

DisadvantagesNo longer available

"Having had a cahoot flexible loan for a number of years I was very happy with it. That is until today. I recently decreased my limit to stop myself spending, when I had a few things break down in the household and needed replacing. So I went onto my cahoot account to increase my limit again, only to be told I couldn't I was quite shocked as I had always paid on time and had no problems, So I rang Cahoot only to be told that they are not concentrating ..." Read review
08.05.2007

Ciao members have rated this review on average: somewhat helpful

Community Level 1ERICTHEVIK...

ERICTHEVIKING123

CAHOOT LOANS

Advantageseasy to open

Disadvantagescustomer service and payment of money owed to me

"...pay the outstanding amount early. Cahoot had a facility to do this on line and I thought the loan account had been successfully closed as the settlement figure had been taken out of my current account. Unfortunatley although my direct debit payments stopped the account remained open therefore appearing I was in arrears. After numerous phone calls to Cahoot, customer services admitted the mistake and arranged a refund of £266 which was owed ..." Read review
27.12.2006

Ciao members have rated this review on average: somewhat helpful



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