BM
Barend M

1 reviews | Active since Jun 2013

20 Feb 2017, 13:21

Cancellation of Home Loan Protection / Assurance Premium - Useless Service

<p>Paying for Unwanted Services! </p> <p>Since July 2016, I have been trying to cancel my Home Loan Protection / Assurance Premium, since I had my own Momentum Premium prior to buying my house.</p> <p>No one can assist me for months now, just redirecting me to various departments, providng me with different email addresses ********** ********** I’ve sent Cancelation Documents, Cession Forms, Proof of Policy Forms etc., more than 8 times, and each time there is something else wrong! Even the consultants tell me they can’t understand why nothing is being done…</p> <p>Nothing is being done???</p> <p>In the meantime, I have been paying R 600 extra each month for services not applicable to myself! No one seems to understand anything over there!</p> <p>This is the most useless bank I have ever dealt with! </p> <p>I am just waiting for approval from another institution to take over my loan! They are even providing me with better interest rates!</p> <p>I have also lodged complaints against them at the Ombudsman for Insurance!</p> <p>Thank you for showing how pathetic you are Standard Bank!</p>

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Replies (1)
Standard Bank
Standard Bank's reply21 Feb 2017, 09:19
Official

Thank you for your posting.

Please note that further details have been requested from you via email in order for us to address your concerns.

We await your response.

Best regards

Complaint Resolution Centre

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