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Zama Z

1 reviews | Active since Oct 2015

06 Mar 2017, 13:13

Incorrect Loan Repayment Date

<p>Hi</p> <p> </p> <p>I took a personal loan from Capitec in 2016 and the agreement was that they will deduct their repayment on the 26th each month. In February 2017, they send through their debit order on the 23rd (Thursday) which was inappropriate. In February, the 26th fell on a Sunday so their debit order should have gone through on Friday, 24 February. Not on Thursday, 23 February.</p> <p> </p> <p>This resulted to my bank charging me R150 bank charges as the debit order got returned due to insufficient funds. I was not paid on 23 February.</p> <p> </p> <p>I called client care and spoke to Ms Neo Khashane (Ref no: ********** 4) who couldn't assist me and asked that I call the Collections Department (***). I did that and Ms Stephanie Ayer answered my call and asked that I call the Complaints Department (***). I did that as well but there was no answer. </p> <p> </p> <p>My request is that i get refunded R150 by Capitec for the bank charges that I had to pay for their wrong doings! </p> <p> </p> <p>This is not the 1st time i'm experiencing trouble with Capitec loan repayment and I honestly am fed up with their service!! If I had it my way, I would have paid their loan upfront and cut all communication with them.</p>

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Replies (3)
Capitec Bank
Capitec Bank's reply06 Mar 2017, 14:08
Official

I acknowledge your posting, and have referred it to Adwena Williams for immediate attention.

Feedback will be provided within 3 working days, and I trust that this situation will be resolved to your satisfaction.

Complaint Management

Capitec Bank

Capitec Bank
Capitec Bank's reply13 Mar 2017, 16:30
Official

Hi ZamaZulu

In relation to our telephonic conversation. Please take note of the written communication sent to your personal email address.


Thank you for chosing Capitec Bank as your chosen Credit Provider, we appreciate your business and you being our client. Once again I do apologise for the inconvenience and frustration this matter might have caused you.


Adwena Williams
Complaint Officer
Capitec Bank

ZZ
Zama Z's update27 Jul 2018, 10:58
Reviewer Update
Hi I recently took another loan with Capitec and again they refused to debit their repayment on the 28th of each month. This month was their first debit date and it went off on 25th, and this bounced back as i don't get paid on the 25th. May i ask that you change the debit date to 28th of each month as that is the date on my payslip. Also, i would like for Capitec to refund me the charges that i incurred with my Absa bank to due the bounced debit order. The amount is R150. Thank You! Zama Zulu **********