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Andrew Hildyard

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Review of the Santander, Loan:

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Offer low interest rate then hike it upon application

I was offered 15k at 2.8% APR when given the calculation on their website. Upon application however this was hiked up to 10.9%! The 4 fold increase could not be explained as i have a good credit rating and financial history. I believe their advertising to be dishonest and their promises such as "When we advertise a Representative APR this is the rate that we must give the majority of accepted customers on loans within the promoted tier” to be a lie. Reviewed on: 6th April 2022

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