NB
Nicole B

1 reviews | Active since Apr 2012

11 Apr 2023, 15:07

Bond just not coming down

I need to find out something please as I am very lost.

Nov 2022 we were told we were in the red with 50K on the bond so we did an extension.

Dec 2022 till March 2023 the bond was still been paid of R10 716.46.

That payment for 5 months is R53582.30

16th Nov 2022 I got a statement with the outstanding amount of 957016.66.

If I take 957016.66 and deduct 42865.84 if get an amount of 903434.36.

Now I get a clearance amount of balance outstanding 936244.32 (which I don’t understand) and then after all the extras it kicks us straight back over 956155.26.

It feels like all we do is pay this bond and nothing decreases, I need to know why.

0
Replies (5)
NB
Nicole B's update11 Apr 2023, 15:21
Reviewer Update
I have been trying since October last year to get answers so dont think anyone is here to help me, i keep getting the answer of deal with it. Interest rate is the reason (sometimes i feel like the interest rate is been used as an excuse to take us for fools) you pay and pay but nothing decreases everything just increases
Standard Bank
Standard Bank's reply11 Apr 2023, 16:04
Official
Hi Nicole

Thank you for getting back to us. We take these matters very seriously and can assure you that we will be attending to your query with urgency. 

We will be taking a closer a look and will get back to you shortly. 

Kindest regards, Standard Bank Hello Peter Team*** 
NB
Nicole B's update12 Apr 2023, 13:16
Reviewer Update
Thank you for your response, this is super urgent and i need this as soon as possible
Standard Bank
Standard Bank's reply12 Apr 2023, 13:29
Official
Good Day 

Rest assured our team is working around the clock to ensure that your query gets resolved.

The team will be in contact with you.

Warm Regards 
Standard Bank Hello Peter Team
***
Standard Bank
Standard Bank's reply14 Apr 2023, 12:42
Official
Hi Nicole

We made attempts to reach you on your mobile and sadly could not get hold of you. We have sent an email so that you can reach out to us at your convenience.  In the meantime, we will be closing the matter but we do hope you will contact us if you still need any assistance.  Kindest regards, Standard Bank Social Media Team