1 reviews | Active since Sept 2017

12 Mar 2021, 11:53

Incorrect terms

Hi

I wrote an email to *** on the 15/02/21 complaining about the terms on my loan be more than what I know they should be and another one on 01/03/21 to *** about the same problem and no response has been received from capitec. I took a loan from capitec in 2019 for 60 months, in Jan 2020 I took an additional load and in March 2020 I combined both to make 1 loan and started with the premium from April with the term now 61 months. I did not get a payment holiday from capitec during lockdown. After my Feb 21 payment my remaining term should be 50 but capitec sent me an sms saying it's 52. I want to know what happened to my other 2 payments? From April 20 to Feb 21 I have paid 11 months and from 61 months term I should be left with 50 months...

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Replies (2)
Capitec Bank
Capitec Bank's reply12 Mar 2021, 11:57
Official
Good day Nomi 

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 

Capitec Bank
Capitec Bank's reply16 Mar 2021, 07:24
Official
Good day Nomi

As per our telephonic discussion, your matter has been resolved.
 
Should you require further assistance, kindly contact us directly.
 
Kind regards
Capitec Bank