KC
Khomotso C

1 reviews | Active since Nov 2014

03 Jun 2015, 15:28

Request to change repayment period

On the 7th May 2015 I called standard bank and requested that they calculate for me what the instalment would be if i were to change my repayment period from 30 to 20 years. The lady that i spoke to said it would be R3768.03 and then i made the request that the period be changed. To my dismay i got an sms from standard Bank confirming the change and indicating that my new instalment would be R4832.72 which i cannot afford. I immediately (on the 11th May) called them and faxed another request that they change the period back to 30 years as i wont be able to afford it.<br> <br> I didn't get any response from them and called again on the 27th May and was advised that my query is still in progress. I then called again on the 1st of June and was referred to another department which is not really assisting me.<br> <br> My request is that my home loan be changed back to 30 years as i cannot afford to pay the new instalment.

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Replies (1)
Standard Bank
Standard Bank's reply04 Jun 2015, 08:51
Official
Hello k****tsobrigitte,

Thank you for your posting and allowing us an opportunity to investigate your complaint.

This matter will be assigned to a resolution specialist who will contact you to resolve your complaint.

Kind regards

Complaint Resolution Centre
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