Has anyone ever convinced there leander to reduce interest rate ?

Trina71

I am considering going to my leander to ask for the interest rate to be reduced. When I look at the table of average rates shown on the HMRC websiteaand I have been paying double all along. We have paid back the amount we borrowed with 13 yrs left to pay. Any advise on this would be gratefully recieved.

CHR15

If it is a fixed rate, you signed an agreement to pay that much.

There is no benefit to the company to give up so much profit for no reason.

What if the rates had gone up and over your agreed rate? would you be okay with paying more??

You'd be better off looking for a loan with a lower apr, taking that out and repaying the current one off (assuming you can get one).