13 reviews

3% Representative

Will lend between: £1,000 - £20,000

Over: 12 - 60 Months

Representative example: Representative Example: If you borrow £10,000 over 60 months at a Representative rate of 2.8% APR and an annual interest rate of 2.8% (fixed), you would pay 60 monthly instalments of £178.64. The total charge for credit will be £10,718.40.

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Cahoot customer reviews.

13 reviews

1.8 out of 5 stars

Our review of Cahoot

Cahoot are a division of Santander and this is made extremely clear through the application process. Customers that want to apply are taken through to a pre-contractual webpage on the Santander website where you then complete the application. After you have clicked ‘apply’, there is no further mention of Cahoot and you just continue the process with Santander.

You will need to have good credit to apply for a loan with Cahoot/Santander and they will thoroughly check your credit history during the application. To make sure you can afford the loan they require you to earn at least £6,000 per year.

Cahoot offer a degree of flexibility when paying back the loan which is nice. You’re able to repay the loan in part or in full at any time before your final payment. If you want to make a partial repayment then you can choose to reduce the term of your loan, or pay the loan until your original end date but with a lower monthly repayment.

Reviews online are mostly positive and it seems that having the backing of the Santander name has instilled confidence in Cahoot’s customers. There are a couple of mentions here and there of poor customer service and slow payout, but as long as you’re willing to take this sort of thing in your stride then you’re unlikely to encounter any issues.

Overall verdict: If you have good credit and you’re looking for an easy online experience with the added confidence of dealing with one of the big banks, then it’s worth looking into Cahoot.

Written by: Alex


  • Approval decision within minutes
  • Low interest rate
  • Comfort factor of dealing with one of the big banks
  • Fixed monthly payment

Minimum criteria

  • You must be over 21 to apply
  • You must have a gross annual income of £6,000
  • No bankruptcy, CCJ or IVA within the last six months
  • You must be a UK resident


  • Maximum APR 20.6%
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £0

About Cahoot

Cahoot personal loans, provided by Santander UK plc, are available between £1,000 to £20,000 and can be repaid over one to five years. What’s more, loans between £7,500 and £20,000 are available at a representative APR as low as 2.8%. As with the majority of loan providers, personal circumstance can dictate the APR you’re offered, so it could differ from the advertised rate. The online application is fairly quick to complete and once submitted you will be emailed the decision within only a few minutes.

Those applying for a loan with Cahoot will need to have a good credit history and this will be checked during the application – you’ll be declined if you have been declared bankrupt, had a CCJ or an IVA within the last six years. You will also need to be a UK resident over the age of 21 and earn a gross annual income of at least £6,000.

Company information

Registration number: 02294747


2 Triton Square, Regent's Place, London NW1 3AN

FCA registration

Reference No: 106054

Trading names: Santander, Cahoot, Santander Corporate and Commercial Bank (SCCB), Santander Global Corporate Banking

Place of business: 2 Triton Square, Regent's Place, London NW1 3AN

Data protection registration

Registration No: Z8737433

Data controller: Santander UK PLC

Address: 2 Triton Square, Regent's Place, London NW1 3AN

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