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Early Settlement of Vehicle

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1 REPLY 1
l0umar
Occasional Contributor

Hallo,

Did you ever received clarity on this matter?

Did Standard Bank reimbursed you for the 90 days' interest?

Thanks.

Glen
New Contributor

Hi,

 

What rights does the consumer have in terms of Interest charged for early settlement? I wanted to settle my vehicle off early but apparently have to be charged 90 days interest. I do not believe this is correct and will approach the Consumer Protection board for further advice. I have a band account, bond with Standard Bank and will not accept this!