mR
mark R

1 reviews | Active since Oct 2020

22 Apr 2021, 08:20

Capitec is not honorable

Greedy (monstrous interest rates even for long time customers). Totally dishonorable with their loan insurance: very quick to take premiums (more than 10% of loan repayment, nearly doubling the original interest rate) and when you really need it (unable to make an income due to a global pandemic) they pull out every side step as not honor their side of the contract... absolutely sickening....

0
Replies (2)
Capitec Bank
Capitec Bank's reply22 Apr 2021, 08:22
Official
 Good day Mark

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 

mR
mark R's update22 Apr 2021, 08:26
Reviewer Update
no need, more man hours wasted on finding more loopholes to oppress the middle class. please dont bother