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Risk another loan?
lindsaygalaxy
Posts: 2,068 Forumite
in Loans
I applied for a £25k loan to buy a car as it was cheaper than the finance from the car dealership (loan rate 6.2% Tesco). They text to say it had been accepted but the rate on the letter than has come through is 8.7%. The letter says they will do some final checks once they get back the paperwork.
Do I risk applying for another loan in hope of a better rate, and at losing the Tesco one?
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