Flex-Loans - Still available?

spoonz

I used to have a cahoot loan *spit* and although the interest was a little higher I liked the fact I could over pay every month. Also the interest was calculated daily not front loaded so I evenly payed off the capital.

Now cahoot have dispanded, are their any other similar products with reasonable rates around?

I know HSBC do one thats not overly advertised but I think it is in the 14's

Thanks

Phoenix79_2

Most 'flexi' loans are high apr. Natwest do one as well but i think the apr on that is pretty steep as well....

msaquib

Co-Op and Beneficial offer Flexible Loan Account:-

http://www.co-operativebank.co.uk/servlet/Satellite?c=Page&cid=1076486827687&pagename=CoopBank%2FPage%2FtplPageStandard

http://www.beneficialfinance.co.uk/default.html

M

Rafter

I think the egg loan is fairly flexible too - you can make overpayments certainly.

R.

[Deleted User]

Barclays have a product called Select which is a flexible loan - 11% or so interest or 9.9% I think if you fix the repayments (but you can still overpay). The website says this is for premier clients but don't think you actually have to be.