Why was my final loan offer different to my quote?
Different loan term or amount
We assess your loan application based on a range of factors, including your income, expenses, and existing debts. Sometimes we may determine that we can't lend you the amount and term you originally asked for, and so your offer will be for a revised term or amount.
Different interest rate
The interest you receive in your final offer could be different to the quote you originally received. This could either be due to your loan term changing, or Revolut adjusting interest rates in response to the market interest rate environment.
If your loan offer has changed since your quote, you'll be made aware of this on your final loan offer, which will say 'updated terms', and highlight the figures which have changed.
You're welcome to review your final offer details to ensure it still meets your needs before accepting the loan.
Once the loan is funded, the interest rate is fixed for the life of the loan, and won't be subject to change.