Is there a possibility that the IRCC index will be higher than the ROBOR, thus increasing rather than reducing the cost of credit?
Given that the IRCC index has only recently been introduced into the legislation, it is not possible to say with certainty what its evolution will be, the current trend is towards ROBOR, but historically, its value has always been lower.
If you're thinking of taking out a loan, you can calculate your monthly repayments online in the BT credit simulator and then find out over the phone if you're within the amount you want. 😉
Latest update