Commercial Bank. Can anyone help me?
Is anyone working for Commercial Bank and if so, can you help me?
You see, I got a car loan few months ago and I just donâ€™t seem to understand how it works here.
I am supposed to pay monthly instalments of QR 1600, which I do by direct debit, but the thing is, the loan balance doesnâ€™t go down, only a couple of hundred ryals per month. Does this make sense? It doesnâ€™t to me.
My husband has gone to the bank a couple of times and he hasnâ€™t been given a straight explanation, I have also telephoned on several occasions, but it gets me nowhere. Why is the customer service so bad and why we canâ€™t get a simple answer or an explanation of how come this loan doesnâ€™t go down even though we pay the instalments religiously every month?. I mean, we are no dumb, we normally understand interest rates and all that, but in this case it makes no sense whatsoever.
Has anyone experienced problems with Commercial Bank or am I the only one?
We are starting to think this is day-light robbery.
Questions and Answers
- Sample Budget and Cost of Living
- Qatar Schools Database
- Residents Guide to Qatar
- Siteseeing in Qatar
- Traffic Rules
- Attending a Qatari Wedding
- Gift ideas from Qatar
- Buying a used car in Qatar
- Renting in Qatar
- What to consider when renting in Qatar
- Preparing for Winter in Qatar
- Registering a birth in Qatar
- Blackberry phones in Qatar
- Old Qatar
- What's Happening in Qatar
- Online Shopping in Qatar
- What does Doha look like?