The interest rate each customer is approved to borrow at depends on their creditworthiness, as determined by the information provided to Harmoney as part of that customer's request for a quote or their loan application.
The information used to determine your personalised interest rate includes:
Stability of employment
Stability and type of residence
Financial behaviour
Demographic profile
As a responsible lender, Harmoney wants to ensure that the loan terms you are offered will not put you at risk of hardship.
If your financial situation changes over time, so too may the interest rate you are given. You may find if you apply again at a later date you may get a different interest rate.