£10000 loan

android_2

what is the best loan deal i can get 1 can pay the debt off in 12 months i have seen a thread on here saying 0% loan is this true? thanks in advance

monkeyboy72

The 0% loan you are thinking of maybe the cahoot flexible loan which is interest free until March 1st 05, but you need to pay it off over 12 months I would read martins loan article:

http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1099314935,42333

monkeyboy72

sorry couldnt get the link to work :-/, the article can be accessed from the menu on the left.

MarkyMarkD

If you need to borrow the money over 12 months, the Cahoot flexible loan isn't a bad place to start - especially if you arrange a 0% credit card to take over once the introductory 0% period on the flexible loan ends.

Even if you end up paying the Cahoot interest rate (isn't it 5.8% APR) for the rest of the year, that is a very cheap annualised rate.

Margaret_Millne

Some people may have been offered 5.8%, but my husband got 6.9% after 1st March, and I got a paultry 11.9%. Needless to say mine will be paid back on 28th February!! Will keep husbands as a back stop when 0% isn't available.