GGK wrote:Low is very relative.......
Yeah 12% for 20 years is heck too much. Take a mortgage of 6M for 15 years and you'll pay the bank 13M. In fact you are better off taking 2M at 19% after every 5 years where you'll have paid 9.3M.
But it all depends on the purpose of Loan.
As for BBK experience, I know the tend to piss anybody off when you talk to them. I have an account with them but I avoid eye contact
@GGK, thanks for capturing my thoughts. Anyone with a delighful customer experience from BBK? We seem to get verY bad news from BBK, not just here on Wazua, but even buddies i work with. I once toyed with the idea of transfering my SME account there....not anymore. I will let my salary account remain there in the meantime. But one thing is for sure, BBK is not a banK to look forward to engaging on anything.But the way they coerce you to take their mortgages and credit cards, you would think you you are obliged to.
Strive not to be a success, but rather to be of value. –Albert Einstein.