That said, 'my' MyRate rate (higher thatn the advertised one) is still pretty decent.

I don't have a problem with MyRate changing the rates – they are variable after all. I just find it dishonest that once you sign up for  a loan at a low rate, they raise your rate but still advertise the low rate to get more others to sign up.I queried this and here's their response:"From time to time you may notice differences in the rate you…[Read more]

I have been with MyRate for seven months. Three months after taking up the loan, my rate was increased to .10% more than their advertised rate.Surely this is a dodgy practice!!