ON
Oswin N

1 reviews | Active since Jan 2018

28 Oct 2021, 21:45

******s and *******

DirectAxis make themselves seem like taking out loans with them is a good thing to do but trust me it's a very big mistake!

I recent took out a loan with them of around R45000. On a recent statement from them I still owed R44 190. This was after a good few payment of R1554 which bcoz of their interest and additional charges only ends up actually bringing ur owing amount down by like R100 at a time.

I took out a consolidation loan with bank who paid DirectAxis R44 631, which is even more than what I owed them. But they didn't care. They have still taken R1554 from me. This was after sending them all the information that was needed and requested from them to close my account, and even after sending all this information they didn't even have the decency to get back to me. They just took my money even though everything had been settled.

Their call centre is useless. 2 or 3 days before all this happened I tried to call them to confirm my account closure. I tried 5 times to get through and nothing happens. No consultants answer the phone. I managed to get through a few hours later and was just told to e-mail them, which I had already done. They don't even help you over the phone.

Please make sure you don't take loans with them. They rob you and are wolves in sheep's clothing!

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Replies (1)
DirectAxis
DirectAxis's reply29 Oct 2021, 15:20
Official
Hello Oswin,  Thank you for reaching out to us.  Apologies for the inconvenience caused in the process of trying to get your account closed.   Thank you for your settlement payment, when requesting to have your account settled, a settlement amount is calculated instructing the account to prepare for closure. The closure process takes up to 10 business days for the account to be closed and a paid-up letter is then drafted and sent to you.  If you did request a settlement quotation this process will have to be logged manually and can take up more time.  Creditors make use of viewing your balance on your credit profile which is not always accurate.  We’d be happy to assist.  You’re required to send us the proof of payment as it is a banking requirement.  You may email all of the above to *** so that we can pass it on to our support team to speed up the process.  Team DirectAxis