Supporting your financial well-being
Family Loan and Savings Plan can help you to save for holidays, Christmas or for life’s little emergencies whilst repaying your loan.
Getting a Family Loan of up to £500 will help you to manage your family budget and may have a positive effect on your credit report. (Subject to full repayment of loan)
You must agree to have your child benefit paid directly from the HMRC into your Hoot account to be eligible for this loan.
Please note that a successful application is subject to eligibility assessment, credit report and affordability check.
Borrowing £500.00 over 12 months will cost £51.00/month. Total amount repayable is £602.75 which includes interest at 42.6% APR. (Final payment will differ)
The figures given above are for illustrative purposes only. The actual repayment amounts may vary subject to loan amount, date of first payment and status. You should only take out a loan if you are certain you can afford the repayments. Over 18 only.
Important – Please check your eligibility and read the terms and conditions of this loan on the next tabs before applying.