Anonymous

How To Write A Letter To Bank Manager To Reduce Interest Rate On Loan?

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Anonymous Profile
Anonymous answered
I would like to write the letter for my bank to reduce the interest rate for my house, but I don't how. Please help. Thanks
Nancy Profile
Nancy answered
It really is a lot more effective if you go to see them in person.  By all means be honest about your situation and your need to reduce the rate, given the current economy.  Right now banks don't want to be stuck with another foreclosure if they can avoid it.  Tell them you will refinance through someone else if they are not willing to work with you.

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