***** Absa

I have called Absa bank to enquire on my statement for my vehicle finance I am only now receiving my personal loan . I have come to understand the interest that Absa is apply to my personal in 28 percent on the annual value. They have also added the collective interest value for the term to the capital value and is now apply this 28 percent to the capital vale plus future value. This is incorrect and no one is trying to assist to correct this. I loaned a R25000 two months from them the value is now 32000 . Please if I can encourage you to not engage in a personal load with ABSA. They trap consumer in high interest loans and consulate the capital value . I am not struggling to get help from their department to fix this .