K & Co Personal Loan

Good:
You are able to take 3 month repayment holiday at the start of your loan (interest still applies)

Bad:
Very high APR compared to other high street lenders and high extra charges for quick payout

Verdict:
Very high interest rate considering they only accept people with good credit - can definitely get a cheaper loan elsewhere

K & Co Personal Loans are bought to you by Home Shopping Personal Finance. Home Shopping Personal Finance is joined to Shop Direct Finance Company Limited and Bank of Scotland Plc. The personal loans they offer are between £1,000 and £25,000 for almost any purpose. Their APR is typically higher than most other high street lenders. You can only apply if you have a good credit history.

You can apply online by completing their application form. Or, you can call them on 08448 111 800 to apply for a loan. It will take up to ten minutes online and at the end of the application they will give you a provisional decision. If accepted, they will send you an email explaining your provisional acceptance. They will then credit check you and review you application and they may ask you to provide other documents. Once all of this has been confirmed, your loan documents will be sent out for you to sign and send back to them. Once they receive this, your cheque will be sent out.

Be aware that if you choose to take the 3 month repayment holiday at the start of your loan the interest will still apply. K&Co. interest rate is a lot higher than other high street or bank lenders - look around elsewhere to see if you can get a cheaper rate. Also, they charge extensive charges if you miss payments or make payments late, see details below. Only apply for this loan if you are limited to options and you are certain that you can afford the repayments and make them on time.