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    Nigeria finance minister blames Naira’s dive on overdue payments

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    Hindenburg 2.0? George Soros-backed group plans ‘expose’ on Indian firms: Report

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    Viktor Bout still has his eye on Africa

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    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

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    Nigeria finance minister blames Naira’s dive on overdue payments

    Nigeria finance minister blames Naira’s dive on overdue payments

    Angola Oil & Gas (AOG) 2023 Explores Mobilizing Capital for Angola’s Infrastructure

    Angola Oil & Gas (AOG) 2023 Explores Mobilizing Capital for Angola’s Infrastructure

    Timeline: Nigeria's electricity grid collapsed 46 times from 2017 to 2023

    Timeline: Nigeria’s electricity grid collapsed 46 times from 2017 to 2023

    Trending Tags

  • Business
    Virgin Active to expand office space and meeting rooms in gyms

    Virgin Active to expand office space and meeting rooms in gyms

    Dangote, Bua show grit amid global sugar crises

    Dangote, Bua show grit amid global sugar crises

    800 million+ carats of diamonds in Angola reserves

    800 million+ carats of diamonds in Angola reserves

    Hindenburg 2.0? George Soros-backed group plans 'expose' on Indian firms: Report

    Hindenburg 2.0? George Soros-backed group plans ‘expose’ on Indian firms: Report

    Viktor Bout still has his eye on Africa

    Viktor Bout still has his eye on Africa

    SADC countries may benefit from ANGOSAT 2

    SADC countries may benefit from ANGOSAT 2

    US puts $235m in startup making low-emission jets

    US puts $235m in startup making low-emission jets

    Amazon opens its first African AWS Skills Center in South Africa

    Amazon opens its first African AWS Skills Center in South Africa

    Kenya: BasiGo launches its new “E9 Kubwa” electric bus model

    Kenya: BasiGo launches its new “E9 Kubwa” electric bus model

  • Finance
    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

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CLIENT DISCOVERS TRUE COST OF TAKING 6-MONTH PAYMENT HOLIDAY

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08/11/2021
in Lifestyle
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CLIENT DISCOVERS TRUE COST OF TAKING 6-MONTH PAYMENT HOLIDAY

CLIENT DISCOVERS TRUE COST OF TAKING 6-MONTH PAYMENT HOLIDAY

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CLIENT DISCOVERS TRUE COST OF TAKING 6-MONTH PAYMENT HOLIDAY

The DirectAxis client took the matter up with consumer journalist Wendy Knowler after she found out that her short telephone conversation with the telemarketer had cost her an extra 20 months on her loan term.

CLIENT DISCOVERS TRUE COST OF TAKING 6-MONTH PAYMENT HOLIDAY

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A DirectAxis client has discovered that the true cost of taking a six-month holiday payment during the coronavirus pandemic trapped her into extending her loan term by 20 months.

The client took the matter up with consumer journalist Wendy Knowler after she found out that her short telephone conversation with the telemarketer had cost her an extra 20 months.

Knowler contacted the financial services provider to find out if the correct process was followed and explains the pitfalls of the payment holiday.

EWN

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