PM
Palesa M

1 reviews | Active since Feb 2015

13 Apr 2015, 13:54

Judgement over 5 years sold to collection company

Good day <br> <br> <br> <br> Seven years ago I got a personal loan and credit card from Standard Bank.<br> <br> I was earning R6500pm and got a loan of R22 000 as well as a credit card of R15 000. No affordability assessment was done.<br> <br> Back then I was a young mother of one with R2500 rental accommodation, food, schooling and retail accounts to pay for.<br> <br> I could not afford the repayments and Standard Bank had me listed on the credit bureau.<br> Within two years I was blacklisted.<br> <br> Standard Bank has since then sold this debt to 2 other companies over the 5 year period.<br> These two debt collection companies have never contacted me in this 5 year period and I understand that makes the debt prescribed.<br> <br> Kindly assist in how to get this debt removed completely from my credit record.<br> -- <br>

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Replies (1)
Standard Bank
Standard Bank's reply14 Apr 2015, 09:49
Official
Hello PMochudi,

Thank you for your posting and allowing us an opportunity to investigate your complaint.

This matter will be assigned to a resolution specialist who will contact you to resolve your complaint.

Kind regards

Complaint Resolution Centre
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