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Interest rates

o on site quoted 2.8% with 62% success  applied and quoted 14.4% why the huge difference

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,382
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite
    You're a higher risk.
  • They're only obliged to offer 2.8% to 51% of successful applicants. You'll probably never know why you were offered a higher rate. It may be something as prosaic as that they have already reached their quota of low rate offers for this month. It's nothing personal, and you don't have to accept it.
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