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Post by danny101 on May 19, 2020 13:10:13 GMT
Hi, under the plus and max products, the 30 day and 90 day charges will have the "interest rate reduction " factored into the release fee. There are NO changes to the exit fee for 1 and 5 year markets. The 5 year was always 1.5% and this will still apply. Sorry to burst your bubble.
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beagle
Investor in ratesetter, funding circle, lendy (lesson learnt) and AC
Posts: 670
Likes: 322
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Post by beagle on May 19, 2020 13:50:36 GMT
Given that RS aren't accepting any new investors at the moment Really? That would be biting off the hands that feed them! yep, when you click to register it states says so.
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Post by scepticalinvestor on May 19, 2020 14:37:44 GMT
The problem is the "prominence" bit. There's a massive banner "3%" there with a somewhat relevant adjustment (actually it's half) is much smaller print below. It's not quite the same as hiding it on the 30th page of the small print but it's not that different either. It smells of the designer consciously considering that some sucker will fall for this. Even if the sucker should just read the small print, that is a form of dishonesty. The fact that we've all got used to it doesn't make it right. Perfectly put.
From RS' pov, desperate times call for desperate measures.
Clearly, someone at RS felt that it was a bit cheeky too, as they've now made the small print a bit more prominent by highlighting it.
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coogaruk
Hello everyone! Anyone remember me?
Posts: 702
Likes: 463
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Post by coogaruk on Jun 19, 2020 11:13:45 GMT
Really? That would be biting off the hands that feed them! yep, when you click to register it states says so. Looks like there may have been more to this than meets the eye! FCA? Metro Bank?
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