Very Changed it's Interest Rate?

Liz41_2

Hi,

I've just logged into my Very account. 'My APR' usually states it's 39.7%. Today it has changed to 19.9%. I haven't received a letter notifying me of any changes. This seems too good to be true! Just wondering if any other Very account holders have noticed this.

Liz.

Herewego

I've looked at mine and it's still 39.7 and so is additions oooooooooooo I got all excited then do you have any balance on the account, since I paid mine off last month the keep sending me offers must be missing my interest already,

Liz41_2

Hi,

Yes, I've a big balance on mine, about £1,000. I was also late with a payment in January, so I very surprised to see the interest rate go down. Baffled! I still wont be spending another penny on it until I get it cleared!

Liz.

Moneytroubles_2

your both luckier than me, my APR is a hefty 44.9% - I PAD on it every day, balance is currently £470 it was well over a thousand before LBM

Good luck clearing the balances xxx

planning_ahead_2

Moneytroubles wrote: »

your both luckier than me, my APR is a hefty 44.9%

:eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek:

How do they get away with this.....let alone justify it:eek:

Moneytroubles_2

I know there worse than loan sharks BUT its my own fault xxx