CAM Bank - Annual interest rate change on loans

Hope some one can help. I am new to this!!

I have a loan with CAM bank and the interest changes annually, I think mine is November, not had any details from bank yet, but curious to see if others been notified and what if any saving I will be making!!

Many thanks in advance.

D

hi D

i havent been on here for a while.

the new anual rate will commence starting November.   

I spoke with someone at the CAM bank only 2 weeks ago. 

depends on your loan agreement with the cam as to any savings you will make.  

last year the anual rates were set quite high. this year the rates are expected to be considerably lower . 

sorry to be vague but not everybody  has the same set up with cam. although from what i can gather they are all pretty similar but please dont quote me on that

hope this is helpfull

kind regards

<p>hi D</p> <p>i havent been on here for a while.</p> <p>the new anual&nbsp;rate&nbsp;will commence starting&nbsp;November.&nbsp;&nbsp;&nbsp;</p> <p>I spoke with someone at the CAM bank only 2 weeks ago.&nbsp;</p> <p>depends on your loan agreement with&nbsp;the cam as to any&nbsp;savings you will make.&nbsp;&nbsp;</p> <p>last year the anual rates were&nbsp;set&nbsp;quite high. this year the rates&nbsp;are expected&nbsp;to be considerably lower&nbsp;.&nbsp;</p> <p>sorry to be vague but not everybody&nbsp; has&nbsp;the same set up with cam.&nbsp;although from what i can gather they are all pretty similar but please dont quote me on that</p> <p>hope this is helpfull</p> <p>kind regards</p>

just   been  reading that... think  my new lap  top  has  thrown a  wobbly   sorry