82.4k views
5 votes
Can a fixed interest rate be changed?

User Onik
by
4.6k points

1 Answer

7 votes

Answer: If your account has a fixed rate, the bank can still change your rate, but there are limits on when it may do so and notice requirements: The bank generally cannot change your rate during the first year after the account was opened.

Explanation: goggle

User Aguid
by
4.9k points