Interest rate hike
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Why after a 10 yr low interest rate environment and a cut in the BOE interest rate today from .75% to .25% , the lowest ever, does PayPal believe it is appropriate or FAIR, to increase interest rates. Mike Carney has specifically said today the rate cut is to help UK households! I believe you are not listening. PP say it is an increasing interest rate environment?..
I await Pp response but should we all go to the Financial Ombudsman as this appears to be an unfair practice????
Thoughts?
Thank you.
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Some here. I have a perfect credit score and repayment history to increase the rate from 19.9 to 25.9 overnight is outrageous. I’m not happy with this at all
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