Beware of Loan Hub SA

In mid January 2019, I did an online loan application for R5000. A few minutes later Loan Hub SA called me and told me they can assist me to get a cheaper loan offer. They asked my banking details which I gave because I was told that my loan will be paid into my account the next day.

I never received the loan from them or from any other company. At end of January 2019 an amount of R399 was deducted from my bank account. I phoned my bank and they told me it was a debit order of Loanhub SA. I then phoned Loan Hub SA and they told me that I entered into an agreement with Loanhub SA to assist me in getting future loans with the best deal. I was shocked because I never entered into an agreement with Loanhub SA.

I phoned my bank to reverse and cancel that debit order. In April 2019 I received an email en text message from Loan Hub SA that I must pay them R1112.00 within 24hrs or theywill hand me over to their Legal department. I never entered into an agreement with Loanhub SA but still they kept on saying I must pay for their services.

They are ********. Stay away from this Loan shark.