benaj
Member of DD Central
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Post by benaj on Jan 21, 2018 14:49:56 GMT
According to ratesetter everyday account, typical interest rates for borrowers are APR: 2.9% to 49.9%. I have never seen Ratesetter offering 2.9% for borrowers lately, none can be found on thr loan comparison web sites.
As far as i know, borrowing rates start from 6.9%, why do they tell investors rates for borrowers starts from 2.9%? 🤔
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Post by WestonKevTMP on Jan 24, 2018 9:31:38 GMT
According to ratesetter everyday account, typical interest rates for borrowers are APR: 2.9% to 49.9%. I have never seen Ratesetter offering 2.9% for borrowers lately, none can be found on thr loan comparison web sites. As far as i know, borrowing rates start from 6.9%, why do they tell investors rates for borrowers starts from 2.9%? 🤔 Its called keeping your options open. They have lent at these rates before (affiliates for the lower rates), and might in the future. They need to react quickly to market price changes, and wouldn't want to have to keep updating marketing T&C's everytime they wanted to shift their pricing buckets.
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