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Rachel R

1 reviews | Active since Aug 2023

17 Aug 2023, 03:19

AFRICAN BANK A LOAN 🦈

I took a loan with African Bank in 2021. The bank is debiting R4359 from my bank, but the balance doesn't decrease. After 24 months it seems like i will be working for African Bank for the rest of my life. They don't send me a statement so I can see what is happening. I asked for a statement and I was told they can't send me a statement as my email is not on the system. I asked for clarity but no one assisted me. I can't focus at work and I can't sleep at night. I am always stressing because of African Bank. It seems African Bank will kill me or I will die paying. When I asked for a settlement amount, according to one of the employees"for me to qualify for a settlement discount is if I default on the account". Fellow South Africans, STAY AWAY FROM AFRICAN BANK LOAN. as borrowing money from African Bank is the same as borrowing from a LOAN SHARK.

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Replies (11)
African Bank
African Bank's reply17 Aug 2023, 11:28
Official
Thanks for speaking up and calling us out. We're giving your concern our full attention and we'll get back to you shortly.

Talk to you soon.

Your African Bank Support Specialist team
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Rachel R's update17 Aug 2023, 21:40
Reviewer Update
Thank you for contacting me but I am really disappointed in African Bank's service. A woman contacted me, and she did not really assist me, she did not care and she was rude and after the phone call I received a messsage saying "Thank you for your reduced installment request. We will provide feedback within 48 hours. Your reference number is ***." How can I get proper assistance when a consultant is lying about the reason I am complaining.
It shows that African Bank don't care. It is obvious that contacting me was just damaged control or else how do you explain the lies about the message I received.

FELLOW SOUTH AFRICANS LEARN FROM MY EXPERIENCE, AFRICAN BANK DOES NOT CARE ABOUT ITS CLIENTS. STAY AWAY FROM AFRICAN BANK.

African Bank
African Bank's reply18 Aug 2023, 10:39
Official
Thanks for speaking up and calling us out. We're giving your concern our full attention and we'll get back to you shortly.

Talk to you soon.

Your African Bank Support Specialist team
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RR
Rachel R's update30 Aug 2023, 03:47
Reviewer Update
African Bank does not care about its clients. I am still waiting for your response. Instead of solving the problem you are busy calling me asking if I want another loan or a credit card. African Bank are you serious?
African Bank
African Bank's reply30 Aug 2023, 13:23
Official
We've escalated your concern to our internal complaints department for the attention it deserves. Our African Bank Complaints team will be in touch as soon as the matter is resolved.

Your African Bank Support Specialist team
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RR
Rachel R's update07 Sept 2023, 11:04
Reviewer Update
African Bank I am still waiting for your response. Today at 7h40 I received a call at 8h01 in the morning from Nonhlahla Dlamini, telling me that my account is in arrears and I must pay R4000 today and yet they debit every month. She further indicated that she had no idea about my complain and asked her to check on the system or ask her Supervisor. To my surprise even her Supervisor Sbubuzile Dlamini did not know anything about it.

At 10h07 I received a message indicating that "Your complaint has been attended to. You are welcome to contact on ***". I am still waiting for your response.

Later at about 10h55 I received another call from Justin Monaisa offering me an opportunity to apply for a personal loan, credit card.

African Bank are you serious.

The truth is African Bank is does not care at all. I have been calling them, without getting any help.

Fellow South Africans do your research .....
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Rachel R's update07 Sept 2023, 13:30
Reviewer Update
Now they are saying I asked them to reduce the interest which is a lie.
African Bank
African Bank's reply08 Sept 2023, 12:25
Official
We've escalated your concern to our internal complaints department for the attention it deserves. Our African Bank Complaints team will be in touch as soon as the matter is resolved.

Your African Bank Support Specialist team
***
RR
Rachel R's update15 Sept 2023, 10:09
Reviewer Update
I am disappointed that I am still receiving calls from African Bank consultants telling me to apply for an additional loan or a credit card while Africa Bank is unable to resolve my complain. The person who called me last week said she will call me again on Thursday 14 September 2023 but she never called and I am still waiting. FELLOW SOUTH AFRICAN, IT SEEMS AS IF AFRICAN BANK DOES NOT CARE!!
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Rachel R's update16 Sept 2023, 12:54
Reviewer Update
African Bank take me serious as your client. Stop lying saying you have responded privately. It just show how much you do no care about your clients. Stop harassing me to apply for a credit card or another loan and resolve my complain.

FELLOW SOUTH AFRICAS KINDLY NOTE THAT AFRICAN BANK DID NOT RESPOND PRIVATELY!!
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Rachel R's update11 Oct 2023, 10:37
Reviewer Update
  1. I am still waiting for the response. I spoke to Ms. Folopi who promised to get back to me with a settlement discount. It has been weeks and I am still waiting. then.
  2. Last week I received a call from Mr Luciano Petersen. He said he wanted to offer me a reduced interest and when I told him that I am still waiting for African Bank for a settlement discount, he said I must take the reduced interest he is offering me. When I asked about the difference between the settlement discount I am waiting for and the reduced interest rate he is offering me he told me to just press 1 in my the phone registered with African Bank so he can continue. when I enquire whether he want to add another loan to me, he was rude, told me not to jump into conclusion. He wanted me to take another loan or a credit card.
he was rude and dropped the call at 12h53.
3. Yesterday 10/10/2023 I received another call from Thandeka Mazibuko. She said she was calling because the account is in arrears, (African Bank debit the installment from my bank account). when I asked about the settlement discount she indicated that she will request the discount and said she will ask for 30% discount for me. while I am still waiting, today 11/10/2023 I received another call
4. The call was from Tinyiko Nxumalo also calling because the account is in arrears. when I asked about the settlement discount that I am still waiting she said do not qualify since I am still in the contractual term, she continued to say I am not cooperating and further asked me if I enjoy being called everyday.
5. African Bank what is the truth regarding getting a settlement discount.
  • According to one of the employees "for me to qualify for a settlement discount is if I default on the account"
  • According to another employee settlement discount depends on the manager willing to underspend (underspending)
  • According to another employee I can not qualify for a settlement discount because my account is a performing account