I have got a loan approved by a bank, but the condition is that I need to open a bank account with this bank and this account will be used to direct debit the interest from. The only option for this account is $5 per month or pay pre-transaction based. I want them to cancel the direct debit so I can pay the i&p myself from my main bank. They said no.
I think I just make it a variable loan and then transfer it to another bank which is willing to do so.
Seems transfer is for free. So do you think this is too 'naughty'?
Thank you
I think I just make it a variable loan and then transfer it to another bank which is willing to do so.
Seems transfer is for free. So do you think this is too 'naughty'?
Thank you
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