Loan Shark Capitec

Capitec Bank exploits its customers by overcharging interest rates, turning what should be a supportive financial service into a predatory practice. Instead of fostering financial stability, these exorbitant interest rates trap individuals in cycles of debt, making it nearly impossible to achieve financial freedom. I was under debt review and unfortunately missed a payment, they removed me from debt review and now charge me almost 25% interest. I would not recommend anyone use this bank, you would be better off going to a loan shark.