LM
Lerato M

1 reviews | Active since Jul 2015

28 Apr 2023, 07:51

Very 2 high home loan interest rates from FNB

I have just gotten my 2nd home loan with Fnb, the bank I bank with. Over 2 years ago, I consulted the home loans department for them to please review my interest rate as I had now been with them for about 3 years (then) and I’ve been paying well. They had given me a higher rate because I was a first time buyer. They never contacted me back. As of April 2023, I have a second bond with them and there is no reason why my first interest rate is still high. Can someone please assist me with what I can do? I’m even willing and ready and move my loans elsewhere as I’m not seeing the value of being with fnb.

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Replies (2)
LM
Lerato M's update28 Apr 2023, 10:22
Reviewer Update
I look forward to be contacted so we can rectify this.
LM
Lerato M's update04 May 2023, 12:17
Reviewer Update
Someone laugh with me!!! What a huge disappointment after so much back and forth. My rate was decreased by only .30%. So it’s a R100 difference 🤣🤣🤣🤣🤣🤣. considering the upcoming repo rate increase, I will go back to where I was.