NS
Nimrod S

1 reviews | Active since Nov 2017

14 Nov 2017, 05:20

Loan insurance doesn't qualify to cover retrenchment

I took out a loan in 2015 and paid it up till 2017 then I got retrenched and during my payments I never skipped payment and I haven't skipped any of my insurance instalments but when I got retrenched in may 2017 I submitted all my retrenchment documents and no one got back to me for follow up or arrangements, when I called after two months it's when they told me im R 12 000 in arrears and my insurance plan wont pay up my debt because I was on contract, what beats me is that they gave me the loan and my employer confirmed with them that I was permanently employed. Thank you

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Replies (2)
Capitec Bank
Capitec Bank's reply14 Nov 2017, 07:59
Official

Thank you for your post captured on Hello Peter. We are currently experiencing technical difficulties and sincerely apologise for the delay in responding to your post.

Our aim is to alleviate client frustration and therefore invite you to contact our Complaint Management department directly in order to expedite your complaint. We regret the inconvenience this may cause.

Thank you for your patience herein.

Complaint Management

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Capitec Bank
Capitec Bank's reply20 Nov 2017, 13:27
Official

I acknowledge your posting, and have referred it to Alfonso Florence for immediate attention.

Feedback will be provided within 5 working days, and I trust that this situation will be resolved to your satisfaction.

Complaint Management

Capitec Bank