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Law Capping interest rates
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target1360
#1161 Posted : Monday, September 19, 2016 11:00:05 AM
Rank: Member

Joined: 5/14/2014
Posts: 289
Location: nairobi
Impunity wrote:
jerry wrote:
newfarer wrote:
target1360 wrote:
has any bank reduced rates on credit cards to 14.5%.Am tired of being milked dry by barclaycard.

Uwongo the only charge you get from barclaycard if you pay your bills in time is the annual fees, classic card is 3000 pa. I have had it for the Last 9 years

You can also get cash directly from ATM at 6% pm fee/interest. Are you forgetting that?


Member gets me kes.150,000 pm on the same damn ATM, but at 1.2%!


seems equity is better than these colonial banks
I find satisfaction in owning great business,not trading them
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Swenani
#1162 Posted : Monday, September 19, 2016 11:02:57 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Impunity wrote:
This guys at CBA sijui M-suari will not know what hits them when they will be awake!

M-Shwari loan charge not interest, CBA tells customers

Look at this:

I get a loan from Member at 1.2% pm with zero "charge".

I get a free loan from CBA at a charge of 7.5% pm.

Where do you think I will head to get some money?

No brainer argument from this CBA.

Sad Sad Sad


300Mirrion daily with a one off charge of 7.5% translate to 22.5 mirrion daily......chisos
If Obiero did it, Who Am I?
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Njung'e
#1163 Posted : Monday, September 19, 2016 11:04:12 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
M-Shwari has sent a message. Deposits to earn 7.35% but the facility fee is unchanged at 7.5%.The facility fee is the interest,no?. Anyway, i got better deals from Memba and Simba and so i am replying this message with a " f*** YOU" in caps.
Nothing great was ever achieved without enthusiasm.
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  | | Edit by user: Monday, September 19, 2016 11:12 AM | Reason: Not specified
Bree
#1164 Posted : Monday, September 19, 2016 11:40:14 AM
Rank: Member

Joined: 7/17/2008
Posts: 478
Location: Old Trafford
Njung'e wrote:
M-Shwari has sent a message. Deposits to earn 7.35% but the facility fee is unchanged at 7.5%.The facility fee is the interest,no?. Anyway, i got better deals from Memba and Simba and so i am replying this message with a " f*** YOU" in caps.



Yup...as received:
Dear customer, from 14/09/2016, your M-Shwari deposit will earn interest of 7.35% p.a, being 70% of CBR. Loan Facility Fees remain unchanged at 7.5% per loan.
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maka
#1165 Posted : Monday, September 19, 2016 11:49:36 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Njung'e wrote:
M-Shwari has sent a message. Deposits to earn 7.35% but the facility fee is unchanged at 7.5%.The facility fee is the interest,no?. Anyway, i got better deals from Memba and Simba and so i am replying this message with a " f*** YOU" in caps.


Word....
possunt quia posse videntur
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streetwise
#1166 Posted : Monday, September 19, 2016 12:51:29 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
CBA does not still understand, they are still in dream land.

Some one tell them the ball is in the customers court.
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Angelica _ann
#1167 Posted : Monday, September 19, 2016 1:52:53 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
streetwise wrote:
CBA does not still understand, they are still in dream land.

Some one tell them the ball is in the customers court.

Moved to Equity over the weekend. I guess others will follow.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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target1360
#1168 Posted : Monday, September 19, 2016 2:17:24 PM
Rank: Member

Joined: 5/14/2014
Posts: 289
Location: nairobi
Angelica _ann wrote:
streetwise wrote:
CBA does not still understand, they are still in dream land.

Some one tell them the ball is in the customers court.

Moved to Equity over the weekend. I guess others will follow.


i am also moving.#nikuhama
I find satisfaction in owning great business,not trading them
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penkon
#1169 Posted : Monday, September 19, 2016 2:20:05 PM
Rank: New-farer

Joined: 3/12/2014
Posts: 96
target1360 wrote:
Angelica _ann wrote:
streetwise wrote:
CBA does not still understand, they are still in dream land.

Some one tell them the ball is in the customers court.

Moved to Equity over the weekend. I guess others will follow.


i am also moving.#nikuhama


Am there Now
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target1360
#1170 Posted : Monday, September 19, 2016 2:22:26 PM
Rank: Member

Joined: 5/14/2014
Posts: 289
Location: nairobi
sending money on equitel is free.compare that with mpesa.
rationality dictates that we all move away from exploitation!

#nikuhama
I find satisfaction in owning great business,not trading them
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303 Pages«<115116117118119>»
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