What if the lender doesn't reduce the rate do I still have to pay for data collection?

You will be charged for the data collection, which needs to happen before we receive the pricing outcome. It's unfortunate if the lender doesn’t reduce the rate, but rest assured, Sherlok will challenge and escalate rates that are not competitive to try and get a better rate. At the end of the day, it's up to the lender what they choose to do.