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Anonymous Posted 13 years ago
Letter Writing

Re-appeal reduction interest charges

Hi,
i help my customer to re-appeal reduction interets charges with my HQ management. Here the one of the justification to need your help to correct me.

According by purchaser the bank take so much time to approve loan and loan drandown. Never informed purchaser the status of loan drawdown. They will follow up after received several call/reminder by purchaser. Purchaser is very dissapointed bank services.

Thanks and Warmest Regard
Ms Kok
  

Top answer

According to the purchaser (borrower) , the bank take s too so much time to approve the loan and its interest rate. " A loan has three components - the principal, the interest rate, and the period. 3%.

  • According to the purchaser (borrower) , the bank take s too so much time to approve the loan and its interest rate.
  • " A loan has three components - the principal, the interest rate, and the period.
  • 3%.
  • That makes my monthly payments at about $380 per month.
  • The amortization schedule shows the status of the loan each month - that is, the amount paid that month consisting of the principal and interest, the remaining balance on the loan, and the cumulative interest paid.
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1 Answers
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According to the purchaser (borrower), the bank takes too so much time to approve the loan and its interest rate.
(I don't know what you mean by "drawdown." A loan has three components - the principal, the interest rate, and the period. For example, I have a three-year - 36 month - car loan for $10,000 at 1.3%. That makes my monthly payments at ab

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