You're quite correct - of course TCF does not mean you cannot put rates up - Cahoot / Abbey / Santander are doing nothing illegal. TCF does mean communications should be "clear, fair and not misleading". I would suggest that Cahoots communications are anything but. Whether treating customers cynically, if not to say ...

Cahoot owned by Abbey National is dreadful 1) the loan you get is invariably at a higher interest rate than you thought. 2) the rate is increased at no notice. I am currently on 21% from 11% never having missed a payment. 3) reduced my facility to £5000 from £13000 with no  notice. 4) They never ...

Cahoot owned by Abbey National are appalling. First of all the loan you get is ALWAYS at a higher interest rate thna yhou have been led to believe. Secondly they increase the rate at no notice. I am currently on 21% never having missed a payment. Thirdly they have reduced my facility to £5000 from £13000 with no  ...