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christabel D

1 reviews | Active since Dec 2014

14 Nov 2018, 15:05

Standard Bank doesn't care about their clients

Yesterday I called Standard Bank concerning my home loan which I have had for 5 years already. The home loan is approved for 30 years. I wanted to reduce the term intending to reduce it to 15 years. I asked them if this can be done and they said yes I can reduce my term but to my surprise they are not willing to resolute the interest rate which to me is a load of bull. The interest rate is linked to risk amongst other things and obviously me decreasing the term should lower the risk on their side. I am not a bad payer never missed any payments on any loan in my life but yet Standard bank doesn’t care about all that. They will rather let you switch to another bank than retain their clients but just reducing their interest rate. Standard bank doesn’t care about their clients they are just happy taking your money.

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Replies (2)
Standard Bank
Standard Bank's reply14 Nov 2018, 16:17
Official
 
Dear  Christabel

Thank you for posting your comment. 

We assure you that as an organization we are committed to providing the best possible service and assure you that this will be addressed as a matter of urgency. 

We apologize for the inconvenience and undue frustration, this has caused. 

We greatly appreciate your continued support 

Kind regards 

Complaint Resolution Centre
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Standard Bank
Standard Bank's reply20 Nov 2018, 10:23
Official
Thank you for bringing your concerns to our attention.
 
Your concerns have been escalated to our management team.
 
We appreciate your support and loyalty. 
 
Kind regards
 
Complaint Resolution Centre
 
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