Adam and Company PLC
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Variable Rate Loan
Category
Description
Borrowing linked to current interest rates.
A variable rate loan means the interest you pay is linked to the current Bank of England interest base rate. So if interest rates fall, so will your repayments. Similarly, if interest rates increase, your regular repayments will also rise.
A variable rate loan means the interest you pay is linked to the current Bank of England interest base rate. So if interest rates fall, so will your repayments. Similarly, if interest rates increase, your regular repayments will also rise.
Benefit
-Current interest rates
-Repayment choice
-Make capital repayments
-Secured and unsecured loans
-Repayment choice
-Make capital repayments
-Secured and unsecured loans
Featured
Yes
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