KT
Keletso T

1 reviews | Active since Mar 2026

16 Mar 2026, 15:50

Prescribed debit order

Capitec Bank refusing to remove prescribed debt from credit bureau that was taken in 2020. Complaint: I am writing to raise a complaint about Capitec Bank regarding a loan that has already prescribed but is still listed on my credit profile. According to the Prescription Act and the National Credit Act, a debt prescribes after three years if there has been no payment, acknowledgement of debt, or legal action taken during that period. My loan account with Capitec has prescribed, however my name is still listed at the credit bureau. This is negatively affecting my credit score and preventing me from accessing credit. I therefore request that Capitec Bank: Investigate this matter urgently Remove the prescribed debt from all credit bureau.

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Replies (5)
Capitec Bank
Capitec Bank's reply16 Mar 2026, 16:36
Official
Good day Keletso 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

Best regards,

KT
Keletso T's update19 Mar 2026, 16:51
Reviewer Update
Good day.

Capitec bank is still refusing to remove my name on a prescribed debit.
KT
Keletso T's update20 Mar 2026, 13:28
Reviewer Update
Capitec bank is still refusing
KT
Keletso T's update23 Mar 2026, 15:30
Reviewer Update
I'm still waiting for capitec to remove prescribed debit from credit bureau from 2020, how ever their lawyers has been calling me and sending me emails to pay tham R3, 965.72. They said that as soon as i pay that money they will remove the prescribe debt and I will no longer get any calls from them. Make it make sense..
Capitec Bank
Capitec Bank's reply24 Mar 2026, 15:32
Official
Hello Keletso, we regret that we were unable to resolve your matter, and hope that our explanation has provided you with clarity. Once again, we sincerely apologise for any inconvenience the matter may have caused you. Kind regards Capitec Bank 

Best regards,