KN
Kyle N

1 reviews | Active since Aug 2019

31 Oct 2019, 18:49

Paying for credit life when under debt review

Disgusting to say the least I paid up my house and home account in 2017 and have statements for this as I had been under debt review only to find now when my debt review is done to be told by Debtbusters that house and home is claiming that I still have an outstanding balance of over R13000 This was paid up !!!!!!!! The reason for this was that I took out credit life cover when I had this house and home account initially taken out and that It has been paid for by my monthly contributions by the debt review company Firstly why would I be under debt review and still have credit life cover? Secondly I’m told that now all the interest accumulated on the account is part of the outstanding balance as the money was being paid to the credit life cover and very less to the actual account This is not legal !!!!!!!!!! I will report this to this Ombudsman as being charged for credit life cover when under review plus interest for it is not legal Stop being ******* !!!!!!!! Do the right thing have paid what was outstanding I do not need to pay for credit life cover as I went under debt review I want this sorted out immediately or I will go to the media and report this to the Ombudsman

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