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Not happy with Santander APR offered, whats the best course of action?

2»

Comments

  • JPD86
    JPD86 Posts: 35 Forumite
    I recently got the headline rate of 3.9% from First Direct on a 20k loan.

    They cut the headline offer to 3.6% the next week but I was pleased to get their best rate at the time.
  • lee111s
    lee111s Posts: 2,987 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    I also got the headline rate of 3.9% from First Direct.

    Do you have any outstanding debts? Do you have any defaults or any other adverse credit history?
  • JPD86
    JPD86 Posts: 35 Forumite
    No defaults, one late payment on a barclaycard which was 1 day late about 3 years ago.

    I did have credit card debts and some buy now pay later agreements which the loan was partly used to clear.

    Other debt is mortgage and bmw pcp finance.
  • SeanG79
    SeanG79 Posts: 977 Forumite
    Part of the Furniture 500 Posts Name Dropper
    You can probably get a lower rate approved with vehicle finance via the dealer.

    A search will be recorded on your credit file, but no other lender will know if it was approved or declined or otherwise...
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