The rate on
Cahoot (
cahoot.com) for loans between PS7,500 and PS20,000 has been reduced from 3% to 2.8%.
The 4.5 per cent is also available from
Cahoot and M&S Bank but is just pipped by Zopa at 4.3 per cent.
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CAHOOT'S two-year bond is paying an annual 4.01% on savings of pounds 25,000-plus, bringing some good news to savers up and down the country.
Meanwhile
Cahoot, the online arm of Abbey, has a two-year fixed rate bond paying a competitive 4.01 per cent gross on minimum pounds 30,000 deposits.
SHOP worker Gary Robinson has opened a current account with online bank
Cahoot.
The three banks, The Bank of Scotland, First Direct and
Cahoot, have confirmed that they are working to resolve the problems and said the security risk is slight.
The redundancies have been announced by
Cahoot, based at Friars House, in Manor House Drive, near Coventry train station, part of the Abbey National Group.
Just over half said they overshoot their pay in some months, while 8 per cent admitted they spend more than they have coming in every month, according to internet bank
cahoot.
Experts are warning that, besides disabling Microsoft's anti-spyware product, the Trojan horse also targets users of UK online banks such as Barclays,
Cahoot Halifax, HSBC, Lloyds TSB, Nationwide, NatWest and Smile.
"Then after seeing recent reports about problems with the
Cahoot website I tried to see if the loophole still worked on the Morgan Stanley site and I was shocked when it did."
The Tofger Trojan horses target users of a number of online banks, including Abbey, Barclays,
Cahoot, USBC, Lloyds, NatWest, Nationwide, and Woolwich.
The poll by on-line bank
Cahoot put the smoke alarm (69%) just ahead of mobile phones (61%), microwave ovens (52%),digital cameras (42%), and DNA testing (41%).