Interest on new HSBC bar loan soars by 6 per cent

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  • When is this coming out? Have phoned HSBC, and they haven't even hear of it!

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  • Increasing the interest rate from 1% to 7% in one year is not something that makes me happy to bank with HSBC.

    HSBC can't have it all - trying to entice the big earners of tomorrow and making money on them. If I get this loan once its paid off and I'm earning a barrister's salary I will move my account elsewhere. I could get a 7.5% loan anywhere - I don't think they deserve loyalty with that rate.

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