VH
Vuvu H

1 reviews | Active since Dec 2016

12 Aug 2021, 10:59

Homeloan settlement query

FNB charged us home loan account settlement which is greater than the account balance and a cancellation fee.

We have requested explanation which is not forth coming.

0
Replies (4)
VH
Vuvu H's update12 Aug 2021, 11:17
Reviewer Update
No one has contacted me yet, I got a message that someone will contact me in 24 - 48 hrs. I will wait as long as is necessary for clarity and refund of my money.
VH
Vuvu H's update12 Aug 2021, 13:33
Reviewer Update
Feedback from my banker is issue is resolved and a refund of R12 621.29 has been processed to my husband's account. Refund is not reflecting.

The total amount in question is R52 177.66, if R12 621.29 is being refunded what about the rest R39 556, 37?

This query has not been resolved; may we please get clarity why only R12 621.29 will be refunded instead of R52 177. 66?
VH
Vuvu H's update13 Aug 2021, 10:03
Reviewer Update
After much confusion and up and down, it turns out our money was refunded on the 4th Aug.
Only clarity I am now seek:
cancellation cost of R 5,436.61 and interest of R 1273.66
VH
Vuvu H's update16 Aug 2021, 11:10
Reviewer Update
Clarity provided Cancellation cost is paid to attorneys and interest is pro rata for days after last interest charged and account closure.