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| Glossary |
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Rate-Variable
- A variable rate is a rate of interest that can go up and down during the lifetime of a loan and is usually linked to an independent base rate. The circumstances that cause the rate to change, for example announcements in changes to the Bank of England base rate of interest, are explained in the loan conditions.
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| UK Financials Ltd is not a lender and do not lend any money. We provide lenders information only service to the consumer who are looking for a loan. |
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