1 reviews | Active since Sept 2016

23 Sept 2016, 03:36

Worst advise ever

<p>i took out a lian to consolidate two cars explaing to tge bank cobsultant I want to pay less. I have been paying R2700 for both cars at westbank before. I took out a loan then for about R140000 but was shocked to find out i was now paying R4500 pm ocer 7 years. For 3 years i have paid this non stop but now cant keep quiet anymore. After3 years I have paid back over R160 000 and still owe over R216000 which added to a total of R 316 000 so the intrest over 7 years loan is ocer 50%!!!!! I am in a possition since this loan that i have to norrow money from fanily just to get by since this incident. I am an unhappy client that have been with Capitec for many years. Someone , somewhere must be able to help.</p>

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Replies (1)
Capitec Bank
Capitec Bank's reply23 Sept 2016, 09:43
Official

I acknowledge your posting, and have referred it to Pheliwe Baartman for immediate attention.

Feedback will be provided within 3 working days, and I trust that this situation will be resolved to your satisfaction.

Complaint Management

Capitec Bank

Best regards,