JJ
Juan J

1 reviews | Active since Mar 2021

15 Mar 2021, 14:27

Ridiculous Interest rate

I have been a loyal customer to capitec for 13years now and paid of numerous personal loans. The sad thing is their interest rate is 26.95% which is ridiculous i phoned in and ask if they can lower it onlyto be told that i cant in these difficult times i mean to pay back R114898 on a loan of R53000 is madness and to be honest after 13years ofloyal customer i am considering switching banks if they cant even help by lowering their ridiculous interest rate. VERY DISAPPOINTING!!!

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Replies (1)
Capitec Bank
Capitec Bank's reply15 Mar 2021, 14:59
Official
Good day Juan

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