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natwest loan to payback natwest loan

naturegirl_2
naturegirl_2 Posts: 125 Forumite
in Loans
I took out a loan at Natwest at a high interest rate 2 years ago can I go back to natwest to pay off my original loan at a cheaper rate ?

Comments

  • Rafter
    Rafter Posts: 3,850 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    naturegirl,

    You can certainly go back to them and say you are planning to move your loan elsewhere because of the high rate.

    They should offer you a better rate then.

    Why do you have to stick with NatWest btw?

    Your ability to get a cheap loan elsewhere will depend on your credit rating and income though.

    R.
    Smile :), it makes people wonder what you have been up to.
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