ACC Loan Mgt

Pinkpanter

Registered User
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78
Is ACC Loan Mgt covered by this? SVR is 4.4%. Can I budget for a decrease in my rate? Can the CB force a rate reduction on them! Just out of negative equity but can't change due to changes in my income.
 
No they are not! ACCLM no longer exists. Control of all accounts has been transferred to Capita. CB currently have no ability to force a rate cut and even if the current legislation is passed the CB are unlikely to use it. You are in a difficult position and realistically your only option of availing of a lower rate is to change lender. I acknowledge that you are currently in a position where you cannot meet the criteria of a mortgage re-finance!!
 
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