Sunday 10 August 2014

Bank Swap Agreements

Swaps
If you got a business loan from your bank between 2005 and 2011 and they offered you something called a Swap Agreement to fix your interest for the length of loan then you may be entitled to compensation for mis-selling that product.

Why?  Because these Swaps are only useful if the bank interest rate goes up, they are very expensive to maintain if the rate goes down (remember 2008 and beyond).

If you think you have been mis-sold a Swap Agreement contact us now: info@bridgewells.com