1 reviews | Active since Jan 2013
STD Bank Uses Debt Review to milk you dry, then Blacklist you
I entered Debt Review in August of 2024. Since then the nightmare with StdBank's incompetence began. They continually flout the NCA Regulations. I eventually loaned money from my parents to pay off my Vehicle because it was a continual mess. Then months later, I find out that they added my old Achieva account to Debt Review (months AFTER the court order) and the reason is because this dormant account which had a ZERO balance at the time, has since incurred over R3000 in fees, which they then decided to create an Overdraft service for (which I can't have by law because of DR) and then charged me INTEREST on these outstanding monthly fees! They then advised my DC that this is the account that needs to be paid into, and so the allocation went to this account, instead of my CREDIT CARD. Now I'm in a situation where STDBank has handed me over to lawyers who harass me relentlessly and have cancelled the Debt Review because of a situation THEY created! You can phone, you can email, you can PROVE them wrong, and they just reply: Sorry, its your problem, pay it or else! So PLEASE, it does not matter how desperate you become, DO NOT HAVE ANY DEALINGS WITH THIS BANK- their nefarious practices will keep you in Debt for the rest of your life, or worse, Blacklisted even though you did everything legally right. This bank should not be allowed to practice-because they DO NOT adhere to the law. Read other peoples reviews on here- EVERYONE says the same thing and has the same problems with this bank.
Thank you for contacting us for assistance.
We try very hard to make every customer’s experience enjoyable, and we really regret not being able to meet your expectations this time.
We will do our best to resolve this issue as soon as possible and find a solution that works for you.
Our team will contact you to assist you.
Kindest regards,
Standard Bank Hello Peter Team
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Thank you for contacting us for assistance.
We try very hard to make every customer’s experience enjoyable, and we really regret not being able to meet your expectations this time.
We will do our best to resolve this issue as soon as possible and find a solution that works for you.
Our team will contact you to assist you.
Kindest regards,
Standard Bank Hello Peter Team
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