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mS
mark S

1 reviews | Active since Jan 2020

28 May 2020, 17:41

Direct Axis Terrible COVID-19 assistant service

Not sure if I should even give Direct Axis 1 star because instead of assisting their clients in extending payment terms they look at the COVID-19 period as a business opportunity by putting you in more debt by offering you a loan on top of yoh other loan and then paying back double.

This is a time to assist and be part of south africa and not fill the company pockets. Really disappointing and won't be doing any refferals.

Thank you for your support.

0
Replies (2)
DirectAxis
DirectAxis's reply29 May 2020, 12:02
Official
 Hello mark  We have received your review.  This is an emergency loan, offered at the prime interest rate, with a repayment term of 60 months, to cover the instalments on your DirectAxis/Cashpower/Call Direct loan for 3 months. If you are successful in your application, you won’t have to pay any instalments for 3 months. Your instalments will be covered by the money made available from the emergency loan.  You won’t pay any additional service or admin fees.  The Payment Break Loan charges interest at the Prime Rate which means you will pay less interest than if this were a normal payment holiday on your current loan. Team DirectAxis 
mS
mark S's update01 Jun 2020, 20:49
Reviewer Update
No thanks, this plan makes no sense at the end of the day I'm in more debt and no assistance provided at all