Rate Lock Penalty

jandreu
Novice

If account has 5 year rate lock and is cancelled before 5 years what is the penalty

1 REPLY 1

Anonymous
Not applicable

From what I gather the rate lock is what it means, it just locks your rate for 5 years. I would take the lock promise with a grain of salt, if Visible wants to raise the rates within 5 years they will regardless. There should be no penalties since it is just a rate lock supposedly.