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Ikano bank loan rate dispute
Comments
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No it was just a personal loan.Debt Fully Paid Off (20/06/2019): £54,441.87
Dave Ramsey is my financial guru!0 -
That is correct, when I signed the agreement it was all online. I didn't print it off at the time but now they are not sending it me so I have no idea what I actually agreed to, this is the problemDebt Fully Paid Off (20/06/2019): £54,441.87
Dave Ramsey is my financial guru!0 -
I'm no expert so don't rely on me but I thought the APR took into consideration the cost of the loan aswell as the interest rate.
So you could have a loan of 3% but when all costs are taken into consideration over the whole duration of the loan term it equates to an APR of 8.9%
you need to give more information please (the loan was £15,000 and the interest rate we can guess to be 3%, but what was the loan term and what have you been paying each month).I have a tendency to mute most posts so if your expecting me to respond you might be waiting along time!0
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