LD
Lucky D

1 reviews | Active since Dec 2016

18 Jan 2021, 17:06

Capitec Credit Insurance is a ****!!!

I was retrenched end of August 2020, I notified Capitec and they asked me to send all necessary documents proving my retrenchment, I sent all the documents they requested to claim for Credit Insurance. since I have been paying my Unemployment Insurance Credit insurance since taking my Credit Card and also when I took my loan.

When I called end of November I was told the matter was referred to the Insurance they have not received feedback and I must call again on the 30th of December 2020, when I called on the 31st of December(Call ***), I was now told there is no turn around time and also today (call ***) they say the matter is still with insurance, This is 4Months Later, on the other hand Capitec Collections continues to call me asking that I make payments, they say I must use the Little UIF money to repay the loan and a credit card that I have insurance for and Capitec is continuing to list me as a non payer on Transunion..

I am disappointed that when taking Credit I am advised to take the insurance but when the time of need comes they are no where to be found... @Capitec can you please urgently resolve this matter?

0
Replies (2)
Capitec Bank
Capitec Bank's reply18 Jan 2021, 17:33
Official
 Good day Lucky

Thank you for letting us know of your concern, and for your patience while we explore this matter. We have assigned your query to a designated official who will contact you within the next business day. 

Kind regards 

Capitec Bank 

LD
Lucky D's update19 Jan 2021, 10:56
Reviewer Update
Thank you, I will wait for the call.