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valma P

1 reviews | Active since Oct 2014

05 Aug 2021, 12:17

ABSA *****ING money in inflated fees and interest and not providing client with correct information about their accounts

I have a reducing OVERDRAFT for which i pay hefty amounts of FEES and MONTHLY charges as well as a "management fee" not to mention the 18% interet! AFTER 3 years of paying an extra R500 monthly it seems now that the R18,000 THAT SHOULD HAVE REDUCED NY R50,000 OVERDRAFT IS ACTUALLY MISSING, CANNOT BE ACCOUNTED FOR AND HAS NOT REDUCED MY OVERDARFT BY MORE THAN R8000!!! So all this time i have been paying R500 MONTHLY to reduce my overdraft account and paying the same exact amount of interest approx. =/- r900 monthly on a an overdraft that is different every month!!

How is this possible?// ABSA cannot even get my address correct even though i moved three years ago and changed my address at the bank!!

this is an inside job! Someone is deducting r500 monthly from my account and ABSA has nothing to say about it anyone else have stories like this??? please post on social media!! CROSS PLATFORMS

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