LM
Louise M

1 reviews | Active since Oct 2011

15 May 2019, 11:28

DISCHARGE INTEREST BULL@#$%

I've been a very happy customer with Capitec since 2015. Last year I took out quite a substantial loan from Capitec. Yesterday I settled this loan as per the settlement amount on my APP and the Fixed Term Loan Statement. Much was my surprise this morning when I expected to see a R0.00 balance, but instead was slapped with an amount owing of R1 274.23 fro discharge interest and a R69 service fee?????? What load of ******* is this?!?!?!?! Service fee for WHAT?! And DISCHARGE INTEREST on WHAT?! Cause you're no longer making R42 000 worth of interest out of me if I had stick to the term? I WANT THIS REVERSED!!!!!!!!!! I've paid you your money back in FULL!!!!!! Think carefully or Capitec will loose a valuable customer!!!!!

0
Replies (2)
Capitec Bank
Capitec Bank's reply15 May 2019, 15:08
Official
I acknowledge your posting, and have referred it to Wendy Mbelekane for immediate attention.
 
Feedback will be provided within 5 working days.  I trust that this situation will be resolved to your satisfaction.

Complaint Management
Capitec Bank 
LM
Louise M's update20 May 2019, 11:19
Reviewer Update
Thanks to Wendy who assisted very promptly with my complaint, I'm happy to report that the matter has been resolved satisfactorily! Just a pity that a person needs to acquire the assistance this platform to get a favorable outcome.