CF
Cedric F
1 reviews | Active since Jun 2023
01 Jul 2025, 19:00
Capfin - Financial Conundrum
I look at the "calculator" on their website, and I really found the reviews absolutely mind-blowing amidst the interest on a loan. Their illustration for a loan with 6 month repayment period. : Loan amount: R1 000 Repayments : R300,53 × 6 = R1 803,19 So, finance charges = R803, 19 which means 80,319%, and this over six [6] months. Absolutely incredible - Capfin is a micro moneylender of epic proportions. As an academic tutor of Financial Management and Statistics, I almost fainted. I'm still shocked. I will most definitely not apply. Loan amount : R1000 Payments :
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Replies (2)
Capfin's replyOfficial
02 Jul 2025, 07:22Good day
Thank you for taking the time to bring your concerns to our attention.
We are currently attending to your query. A consultant will be in contact with you to inform you of the progress of your request.
We apologise for any inconvenience this may have caused you.
Sincerely
Capfin Customer Services
Thank you for taking the time to bring your concerns to our attention.
We are currently attending to your query. A consultant will be in contact with you to inform you of the progress of your request.
We apologise for any inconvenience this may have caused you.
Sincerely
Capfin Customer Services
Best regards,
Capfin's reply02 Jul 2025, 07:22
Official
Good day
Thank you for taking the time to bring your concerns to our attention.
We are currently attending to your query. A consultant will be in contact with you to inform you of the progress of your request.
We apologise for any inconvenience this may have caused you.
Sincerely
Capfin Customer Services
Thank you for taking the time to bring your concerns to our attention.
We are currently attending to your query. A consultant will be in contact with you to inform you of the progress of your request.
We apologise for any inconvenience this may have caused you.
Sincerely
Capfin Customer Services
Best regards,
Capfin's replyOfficial
02 Jul 2025, 09:12Good day
Thank you for allowing us the opportunity to resolve your query.
For further assistance, please call us on *** or email ***
Kind regards Capfin Customer Services
Thank you for allowing us the opportunity to resolve your query.
For further assistance, please call us on *** or email ***
Kind regards Capfin Customer Services
Best regards,
Capfin's reply02 Jul 2025, 09:12
Official
Good day
Thank you for allowing us the opportunity to resolve your query.
For further assistance, please call us on *** or email ***
Kind regards Capfin Customer Services
Thank you for allowing us the opportunity to resolve your query.
For further assistance, please call us on *** or email ***
Kind regards Capfin Customer Services
Best regards,