MM
Molo M

1 reviews | Active since Feb 2020

17 Nov 2022, 06:08

Standard bank home loans *****s from innocent consumers

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.

0
Replies (3)
Standard Bank
Standard Bank's reply17 Nov 2022, 07:17
Official
Good day Molo 

Thank you for raising your concerns with us. 

We have escalated your matter and we can assure you that the relevant team has your query in hand and has prioritized a resolution for you. 

Our team will be in touch with further feedback. 

Kind regards 
Standard Bank Help Centre 
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MM
Molo M's update06 Jan 2023, 11:19
Reviewer Update
I am still waiting for their response to date. I can't hold the line for more than 30 minutes. I don't have airtime
Standard Bank
Standard Bank's reply06 Jan 2023, 11:49
Official
Good Day Molo

Thank you for raising your concerns with us. 

We have escalated your matter and we can assure you that the relevant team has your query in hand and has prioritized a resolution for you. 

Our team will be in touch with further feedback. 

Kind regards 
Standard Bank Help Centre 
***