I've recently applied for three unsecured loans with diff banks/companies for "representative" APR of 6.6% or thereabouts. However when it comes back that I've been successful it is no where near 6.6%, more like 9 or even 10% from Santander! (And yet I am already a customer to them) AFAIAA, I have a very good credit history, checked my file a few years back and all was correct. Have not missed a credit card payment (there was a cockup with my virgin cc but got refunded as it was their mistake - can this go against me?) Or is the low rate just to entice us to apply then bank and people still going ahead with the application even thought apr is signif higher?
Not applying for anymore as too many searches on my credit file is going to harm me.
Anyone else found this, ie - successful loan app but no where near the low APR offered?
qh
Not applying for anymore as too many searches on my credit file is going to harm me.
Anyone else found this, ie - successful loan app but no where near the low APR offered?
qh
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