Nedbank Home Loan

My dad has been trying to obtain statements from Nedbank regarding his homeloan and has not received a response from them.

My dad bought his house in 2006 for R900 000. 00. Fifteen (15) years later, according to Nedbank, the amount has only dropped by R55 000.00. For two (2) years my dad paid an extra R2000.00 on the bond because he was forced to go on early retirement in 2014.

It is my understanding that in the first 10 years your bond does not drop much, but after 10 years and if you pay extra amount, the bond drops quite rapidly.

If after 16 years the bond amount is still R845 000.00, and the bond was taken over 20 years, in which year will my dad's bond be paid off. His retirement funds are running out, which means he will lose his home that he has being paying for, for the past 15 years,

Nedbank, can you please respond to him and explain yourselves. How is this possible. I bought my house and paid extra every month and my bond payments went down quite a lot.

My dad has requested statements. When will you provide him with these statements?

Very very unhappy, Your service is appalling. I wish I could give you a zero (0) star rating, you don't deserve the 1 star!!!!!