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Who wins if you lock in?
The odds are against you winning, in fact they are stacked so heavily against you winning that lenders are paying their call centre staff a bonus if they can convert you to a fixed over the phone.
Not because lenders are evil, because they are corporations owned by shareholders.
The advice you are getting direct from a lender is in favour of the shareholder, not you the borrower.
By Dustan Woodhouse5
22 ratings
Who wins if you lock in?
The odds are against you winning, in fact they are stacked so heavily against you winning that lenders are paying their call centre staff a bonus if they can convert you to a fixed over the phone.
Not because lenders are evil, because they are corporations owned by shareholders.
The advice you are getting direct from a lender is in favour of the shareholder, not you the borrower.