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Molo M

1 reviews | Active since Feb 2020

06 Jan 2023, 11:21

Standard bank home loans are ********

Standard bank is busy milking my account. I had a home loan on R600 000.00 which amounted to R1 200 000.00. I have paid R6700 for the past 11 years. To my dismay with the repo rates increase they without consultation increased everything to 7600. From my calculations I have already paid R820 000 of the loan. Now my loan amount has tripled.

The major problem is the hicks and the amount increase double from current amount owe.

This is bank is *****ing from poor consumers to cover its losses in clientele. How does a loan of 670000 become 1.7million.

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Replies (2)
Standard Bank
Standard Bank's reply06 Jan 2023, 11:34
Official
Dear Molo

Thank you for bringing this matter to our attention, we have escalated it to our Home Loans and will provide feedback

Regards
Hello Peter team
Standard Bank
Standard Bank's reply10 Jan 2023, 11:42
Official
Dear Mologadi

We would like to thank you for giving us the opportunity to resolve your matter. 

We are glad we could assist. If you feel moved to do so, please update your rating in line with the service you received. 

If you need any further assistance, please don’t hesitate to reach out to us. 

Kindest regards
Standard Bank Hello Peter Team 
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