1 reviews | Active since Feb 2019
Afriskuld bad service/ do not use
Afriskuld gave me a dummy suggested payment plan, later when i needed to sign and agree to a plan the amount was way higher than the initial payment plan. They then later on added another 2k due to some creditors not agreeing. So basically the original proposal increased with +- 6-7k. I still have creditors phoning me and their lawyers as well saying they have terminated with Afriskuld as they could not reach an agreement. At the end of the day i end up almost paying the same than i previously paid prior to Afriskuld. Would have been better just staying on the normal schedule and paying my bills off sooner. All Afriskuld has done is increased the # of months/years i have to pay my creditors. I dont see any difference on the interest rates as all the amounts have increased as well as the amount owned. So not i am paying a little bit less with way longer payment plan. I would not suggest them to anyone as they are not honest and their dummy plan and actual plans ARE NOT ACCURATE AL ALL!
Kindly refer to the detailed feedback we have sent you with a breakdown of all your concerns.
In summary we do provide a calculated budget in the beginning of the Debt Review process and this is the installment amount we strive to keep for our clients, but unfortunately in your particular situation your home loan creditor required a higher installment to secure your asset, but in turn your terms are reduced as well. Note that it is not R6 000 - R7 000 as incorrectly stated in your review, but only R2045. The installment is still less than the contractual installment before applying for Debt Review.
We have also successfully decreased all the interest rates of all your creditors ranging from 0.75% - 15.75%, and we have negotiated the best rates possible dependent on your credit profile.
Please do let us know should you require any further clarifications, as we aim to ensure transparency.
Thank you!
Afriskuld Team
Kindly refer to the detailed feedback we have sent you with a breakdown of all your concerns.
In summary we do provide a calculated budget in the beginning of the Debt Review process and this is the installment amount we strive to keep for our clients, but unfortunately in your particular situation your home loan creditor required a higher installment to secure your asset, but in turn your terms are reduced as well. Note that it is not R6 000 - R7 000 as incorrectly stated in your review, but only R2045. The installment is still less than the contractual installment before applying for Debt Review.
We have also successfully decreased all the interest rates of all your creditors ranging from 0.75% - 15.75%, and we have negotiated the best rates possible dependent on your credit profile.
Please do let us know should you require any further clarifications, as we aim to ensure transparency.
Thank you!
Afriskuld Team