Capitec ****** Credit System

Capitec charges high interest rates on loans to people of color. I phoned and enquired on the matter and all I got was the "System" generates the "rate"... I told the lady I have two different name which I used for the load application and on the "Caucasian name" it gave me a lower interest (2% plus prime rate but on the black name it gave me an interest rate 12% above prime... this is disgusting in our modern rainbow nation.