Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

    • suiyat`
    • By suiyat` 16th Apr 18, 8:36 AM
    • 10Posts
    • 4Thanks
    Rate Setter Loan - Apply Elsewhere?
    • #1
    • 16th Apr 18, 8:36 AM
    Rate Setter Loan - Apply Elsewhere? 16th Apr 18 at 8:36 AM
    Hi All

    I have this weekend been approved for a 15k loan from RateSetter, at a interest rate of 12% ish.

    I am looking to use the money to consolidate credit card debt as a lot of the interest free balance transfer rates are soon coming to a close, before they shoot up to around 25% APR.

    Question is, at 12%, this is pretty high, would it be worth applying eleswhere to see if I could get a more beneficial rate, or would this be pointless, and affect me receiving the loan from RateSetter if i cannot get finance elsewhere?

    For example, i apparently have a 50% chance of getting a loan from Hitachi finance.

    worth a punt?

    thanks for advice, suggestions etc.
Page 1
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,526Posts Today

8,866Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line?

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin