Banky team Reviewed editorial answerNo.
Key points
Legal compliance does not automatically mean a lower price.
Product cost is affected by financing, risks, expenses, market conditions, and contract structure.
Compare your total payment with the quality of the terms, then choose the product that best suits your needs, convictions, and ability to pay.
The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.