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Kevink101010
Posts: 2 Newbie

in Loans
I’m new to the forum I had a second mortgage with first plus 16% interest rate between 2000 and 2014 complained about the interest on multiple occasions to them and FOS turned down 3 times I tried talking to FOS again recently about these historic complaints and they have said they can’t reinvestigate again any ideas what to try next please
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Per your other post, the lender has no obligation to give you lower rates, nor can the FOS force a lender to give you better rates - it's a commercial decision to give you whatever rate they think you should have, you can't complain that it's incorrect. Complaint will be time barred anyway0
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If you considered the interest rate to be unreasonable, you had the option of not agreeing to it and searching for something better.0
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