I'm at the stage where I need to fund a FI rating but don't want to end up with cashflow issues. A loan would therefore break the payments nicely down into say 250pm over 24 months.
CDLs attract an APR of 12.9%. Yet a quick search on moneysupermarket.com shows I can get a loan on the same terms for about half that rate.
What's the point of a CDL?