Is Standard Bank *****ing money from their clients?

Item: Standard Bank
Rating: 1
Author: BonJovi B

Please can Standard Bank explain to me how it is possible that the lower the outstanding balance on my home loan becomes the more monthly interest I am being charged? On 31-Jan-2018 my balance was 1 234 147.25 and I was charged 9 426.50 interest. On 28-Feb-2018 my balance was 1 200 289.44 and I was charged 9 665.20 interest. On 31-Mar-2018 my balance was 1 191 616.27 and I was charged 10 388.26 interest.

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Replies (2)

Standard Bank's replyOfficial

02 Apr 2018, 04:31

Thank you for posting your comments.

Your matter was escalated accordingly. We will revert to you as soon as possible.

Kind regards

Clint Chetty

Complaint Resolution Centre
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Standard Bank's reply02 Apr 2018, 04:31

Official

Thank you for posting your comments.

Your matter was escalated accordingly. We will revert to you as soon as possible.

Kind regards

Clint Chetty

Complaint Resolution Centre
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*** (fax)
***

Standard Bank's replyOfficial

13 Apr 2018, 10:09

Dear Ian

Thank you once again for your posting.

I refer to my email correspondence and can confirm that an explanation has been provided.

Kind regards

Clint Petersen

Complaint Resolution Centre

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Standard Bank's reply13 Apr 2018, 10:09

Official

Dear Ian

Thank you once again for your posting.

I refer to my email correspondence and can confirm that an explanation has been provided.

Kind regards

Clint Petersen

Complaint Resolution Centre

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