I got a Fixed Term loan that was due last Friday. I got a letter saying they have rolled it into another fixed term loan for the same period.
WTF.
I am with Comm Bank. This never happens with them, they roll it into a variable rate until you decide what you want to do. I am more than happy with this and agree with this approach.
The loan I am having trouble with is with NAB. They have rolled it into a new fixed term loan. As far as I am concerned, I have not signed anything, nor have i agreed to a new fixed term loan. I am trying to sort it out now, but their response today has been poor.
I did nothing, as I assumed (as with Comm Bank it goes to variable) that i did not need to do anything.
Has anyone else had this issue?
WTF.
I am with Comm Bank. This never happens with them, they roll it into a variable rate until you decide what you want to do. I am more than happy with this and agree with this approach.
The loan I am having trouble with is with NAB. They have rolled it into a new fixed term loan. As far as I am concerned, I have not signed anything, nor have i agreed to a new fixed term loan. I am trying to sort it out now, but their response today has been poor.
I did nothing, as I assumed (as with Comm Bank it goes to variable) that i did not need to do anything.
Has anyone else had this issue?