SN
Sibongile N

1 reviews | Active since Feb 2015

13 Jul 2018, 06:08

Standard bank refusing to update my credit profile with bureas

I had taken out a personal loan with standard bank to the value of R70k. I have never defaulted on any payment(s). I have since settled the account in full. My Credif profile at Transunion and other Credit Bureas still reflects this loan as owing which is not accurate and thus denting my credit score putting me in a disadvantage as a consumer of products using credit facilities. I have engaged the bank only to be sent from pillar to post by the call Centre. I requested a settlement letter to which I was refused despite my settling the account 3 months ago. When I advised them of my predicament regarding my credit score I was advised they acknowledge the fact that the account was fully paid up there was an issue with their system which prohibited them from closing the account and thus I had encurred costs of R91,50. My credit report reflects that I owe the bank R2431 which is not the case at all. I was further advised that they will update the information with all credit bureas 3 months from now which I find unfair as a consumer as I settled this account 3 months ago thus it will mean it’ll take them 6 months to update my record with the bureas? I’m rather disappointed by standard bank. I’m a Prestige Account Holder but I find the service purely disgusting, hello peter please assist urgently.

0
Replies (2)
Standard Bank
Standard Bank's reply13 Jul 2018, 09:27
Official

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
***
*** (fax)
***

Standard Bank
Standard Bank's reply18 Jul 2018, 16:16
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

***

***