MP
Mphoza P

1 reviews | Active since Nov 2017

14 Aug 2018, 14:33

African Bank is ripping me Off, R8000.00 Payment then R4000 going to Interets ?? What

Hi Hello Peter, it looks like African Bank is not taking my complaint serious ...Im still saying how can I pay extra R2000.00 on my loan and still be told the R4000.00 goes to interests ?

The 1st agreement was that I'm taking R200 000.00 and they will deduct R6000.00 then in 2 months of paying I managed to change the Terms by adding extra R2000 so I can minimize my Term . To my surprise I check my Statement and it says R4000.00 is for Interests and the other R4000.00 is then for the Loan. That's a total ******* by African Bank and I want a phone call with a solution to this day light ******* … Still waiting for a Phonecall ??

To my knowledge the more you pay to you Debt the less the Interests?

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Replies (1)
African Bank
African Bank's reply14 Aug 2018, 16:36
Official

Thanks for giving us a chance to make things right. We've sent you our reply and we're happy that we can move on from this matter together.

If you need anything else, we're only a phone call away.

Your African Bank Support team

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