Shocking 118% borrowing cost

I am writing this review to publicly expose the shocking and exploitative financial structure of my loan and the hidden costs of the "reset" mechanism. The breakdown of my loan numbers reveals extreme costs: Amount Received (Principal): R196,355.00Total Amount Scheduled to Repay: R428,095.15Total Cost of Borrowing (Interest & Fees): R231,740.15Upfront "Reset" Fee: R6,389.48This means the total interest and borrowing fees amount to 118.02% of the money I actually received (increasing to 121.28% when adding the R6,389.48 reset fee). I am being forced to pay back more than double what I borrowed. Charging a vulnerable consumer 118% in total borrowing costs and attaching a massive administrative fee to "reset" the loan is completely unacceptable. I demand that this company contacts me immediately to review these calculations, explain the exact legal basis for the R6,389.48 for 6 years under the National Credit Act, and provide an accurate statement of my annual interest rate. If this is not resolved transparently, I will escalate this matter directly to the National Credit Regulator (NCR) and the Credit Ombud.