I have an account with Bayport Financial...

Asked by ziggy_v@hotmail.com on 08-08-2018 15:13:52
Question posted in the National Credit Act Law category relating to Gauteng
Question value: R 200.00

I have an account with Bayport Financial Services, which I want to settle.  As per my last statement dated 05-08-2018 my outstanding balance as of 31-07-2018 is R 82 638.00.

They are charging me a full months interest and 2 months life cover. I'm will to pay interest up and life cover up until the settlement date, but pro-rata

Settlement date:2018-08-08

Totalbalance:83145.15

Loan interest:1925.26

Monthly charge:86.05

Creditlife:1900.66

Settlement Amount:87057.12

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