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Nkululeko N
1 reviews | Active since Aug 2018
11 May 2020, 08:11
Ridiculous Interests, Settlements Never Go Down Regardless Of Making Payments.
Ridiculous Interests
This company charges interests even when accounts are paid. Instead of your settlement amount going down it increases monthly regardless of you making payments.
Its just plain ****************, so this means one will forever be paying for one and the same thing??
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Replies (1)
Norton Lambrianos Attorneys's replyOfficial
11 May 2020, 09:32Dear Nkululeko,
thank you for making contact with us and for paying your account. It is much appreciated.
The interest rates that affect credit are agreed up front with the credit provider and something that we do not have power over. The rate is also dictated to by the national credit act and related legislation.
Paying of the capital amount and interest is something that forms part of the re payment terms and calculation, hence there will be a minimum payment required.
Please let us know if there is anyway in which we can assist with your situation by emailing the person who dealt with your payments.
We hope that your situation will improve over time.
Kind regards
Norton Lambrianos Attorneys.
thank you for making contact with us and for paying your account. It is much appreciated.
The interest rates that affect credit are agreed up front with the credit provider and something that we do not have power over. The rate is also dictated to by the national credit act and related legislation.
Paying of the capital amount and interest is something that forms part of the re payment terms and calculation, hence there will be a minimum payment required.
Please let us know if there is anyway in which we can assist with your situation by emailing the person who dealt with your payments.
We hope that your situation will improve over time.
Kind regards
Norton Lambrianos Attorneys.
Norton Lambrianos Attorneys's reply11 May 2020, 09:32
Official
Dear Nkululeko,
thank you for making contact with us and for paying your account. It is much appreciated.
The interest rates that affect credit are agreed up front with the credit provider and something that we do not have power over. The rate is also dictated to by the national credit act and related legislation.
Paying of the capital amount and interest is something that forms part of the re payment terms and calculation, hence there will be a minimum payment required.
Please let us know if there is anyway in which we can assist with your situation by emailing the person who dealt with your payments.
We hope that your situation will improve over time.
Kind regards
Norton Lambrianos Attorneys.
thank you for making contact with us and for paying your account. It is much appreciated.
The interest rates that affect credit are agreed up front with the credit provider and something that we do not have power over. The rate is also dictated to by the national credit act and related legislation.
Paying of the capital amount and interest is something that forms part of the re payment terms and calculation, hence there will be a minimum payment required.
Please let us know if there is anyway in which we can assist with your situation by emailing the person who dealt with your payments.
We hope that your situation will improve over time.
Kind regards
Norton Lambrianos Attorneys.