Discovery loan sharking

Item: Discovery Life
Rating: 1
Author: Dewald L

To assist clients who need cash flow relief as a result of Covid-19, Discovery offers "Qualifying clients can select the Premium Relief Option if their accrued Health or Vitality Integrator PayBack fund". The catch is that they charge 2% per month for this, which equates to 26,8% per year. This is well within the domain of loan sharking. Nicky Oppenheimer is assisting any qualifying SME with interest free loans, while Discovery ****** their loyal clients. This is shocking and disgusting. Shame on you Discovery.

Helpful (0)

Replies (3)

Discovery Life's replyOfficial

22 Apr 2020, 12:51

Thank you for raising your concerns with us.

We are unable to reach you telephonically and therefore emailed you for your policy information.

Regards,

Habibah
Discovery Life

Discovery Life's reply22 Apr 2020, 12:51

Official

Thank you for raising your concerns with us.

We are unable to reach you telephonically and therefore emailed you for your policy information.

Regards,

Habibah
Discovery Life

Discovery Life's replyOfficial

22 Apr 2020, 13:34

Thank you for your reply. Your complaint has been resolved and formal feedback was emailed to you.

Regards,

Habibah
Discovery Life

Discovery Life's reply22 Apr 2020, 13:34

Official

Thank you for your reply. Your complaint has been resolved and formal feedback was emailed to you.

Regards,

Habibah
Discovery Life

Dewald L's updateReviewer Update

22 Apr 2020, 13:53

Their reply is not truthful. They have not responded to my complaint that 26,8% per annum to advance the clients OWN funds is unreasonably high. I repeat, shame on you Discovery!

Dewald L's update22 Apr 2020, 13:53

Reviewer Update

Their reply is not truthful. They have not responded to my complaint that 26,8% per annum to advance the clients OWN funds is unreasonably high. I repeat, shame on you Discovery!