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Change loan
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Hi,
I have a personal loan with HSBC for a year now with an APR of 9.9%
They changed my current account for the HSBC Advanced account and they offer new loan at 3.7%
Is it possible to change loan?
I am afraid to apply for a new loan to pay the old one but being refused and have my credit score changed.
What is the best way to go?
Regards
Luis
I have a personal loan with HSBC for a year now with an APR of 9.9%
They changed my current account for the HSBC Advanced account and they offer new loan at 3.7%
Is it possible to change loan?
I am afraid to apply for a new loan to pay the old one but being refused and have my credit score changed.
What is the best way to go?
Regards
Luis
0
Comments
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Ask them. Your credit score is only seen by you.0
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You could apply for a lower rate loan. But be aware that they will calculate affordability based on you having both loans.
It's also probably unlikely you will get the headline rate, given your current loan.0 -
I do not want two loans.
I just want a new loan with a loan interest rate.0 -
You will apply for a second loan already having the first loan.0
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