SM
Sandile M

1 reviews | Active since Mar 2021

04 Mar 2021, 23:09

Capfin is not a reliable financial service provider

I've been nothing, but a loyal client to capfin. Since the day I took a loan from Capfin, I have not missed any of my monthly payments. One of the consultants from Capfin called me, told me that my account is in arrears. And I asked her how come, when I have not even missed a single monthly payment to Capfin. She told me that a deposit of R8000 was made into their FNB account by me, at the same time it was reversed. So that altimately made my capfin account to end up on arrears. I told the consultant that called me, that I did not make such a transaction. She then told me that, she'll escalate the matter to her superiors and they'll investigate. After a couple of weeks they called me back, told me that they found that the fault was on their side in the finance department and they'll rectify it. To my surprise this year on this month, the day before yesterday. I get a call from a consultant at Capfin, raising that issue again which they said last year it was rectified. That they mistake was them. Bearing in mind that my last payment to Capfin is February 2021. Why now Capfin is calling me, telling me about arrears and how am I going to pay them, that I must arrange . When that issue was found to have been a mistake made by their finance department and was said that it was rectified. But now when I am done paying the capfin loan, they call me asking for more money which I don't owe them. Which it came to be because of their mistake on my account. I'm greatly disappointed in Capfin as a financial institution, that its doing this to me. When I have been nothing but a loyal client to them.

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Replies (2)
Capfin
Capfin's reply05 Mar 2021, 09:19
Official
Good day Sandile Mahlangu
 
We appreciate that you took the time to bring this matter to our attention.

We will investigate your query and have a dedicated member of our team contact with you shortly. 
 
Sincerely
Capfin Customer Services
SM
Sandile M's update29 Mar 2021, 13:39
Reviewer Update
After writing my complaint on this platform, Capfin pretended to care about my matter. I received endless calls from their consultants, almost every day of the week asking me about the same issue and as I kept telling them the same thing. They went to the extent to say that they'll fix it. Even today, they haven't fixed it. I'm still owing R11197. 03, which they as a financial institution admit that they made a mistake. I even checked my account on the capfin website, it still says that I am owing and a debit order is due to go through on the 31st of this month. While they know that I don't owe them anything, my debt with them ended this year 2021 February 28.