KM
Khomotso M

1 reviews | Active since Aug 2024

27 Aug 2024, 10:07

student loan amount not reducing after years of surety paying interest and fees

I'm typing this very angry and frustrated, i took a student loan with standard Bank for my first and second year studies in 2017, and 2018. My gaurdian was surety for the loan and was getting debited R2600 every month from their salary for the interest and fees 7 years later the loan amount just keeps on increasing instead of it reducing as they have been deducting for years every month and have never missed payment.

R2600 every month for interest and fees but instead of the amount reducing it has doubled last option is to report such to the banking Ombudsman

0
Replies (7)
Standard Bank
Standard Bank's reply27 Aug 2024, 10:11
Official
Good day K****tso. 

This is not the level of service we strive for. 

We understand your frustration and are here to help. 

We can assure you that your matter is now in the right hands. 

Our team will be in touch. 

Kindest regards
Standard Bank Hello Peter Team 
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KM
Khomotso M's update02 Oct 2024, 09:39
Reviewer Update
still yet to be helped and its frustrating
Standard Bank
Standard Bank's reply02 Oct 2024, 10:43
Official
Good day K****tso.

The matter is being treated as a priority and our team is ensuring that it is resolved timeously . 

We will revert with feedback as soon as possible . 

We appreciate your patience. 

Kindest regards 
Standard Bank Hello Peter Team 
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Standard Bank
Standard Bank's reply03 Oct 2024, 15:27
Official
Dear K****tso

We sincerely apologize for the delayed response.

Kindly note that we will flag this matter with our team.

We will be in touch with further feedback.

Kindest regards 
Standard Bank Hello Peter Team 
***


Standard Bank
Standard Bank's reply07 Oct 2024, 12:22
Official
Dear K****tso

We will follow up with our team and we will be in touch.

Our sincere apologies for the delay.

Kindest regards 
Standard Bank Hello Peter Team 
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Standard Bank
Standard Bank's reply09 Oct 2024, 11:44
Official
Good day K****tso.

Our consultants are failing to get hold of you.

Please advise when you are available, so we can set a meeting for your request.

Warm regards 
Standard Bank Hello Peter Team
***
KM
Khomotso M's update24 Nov 2025, 16:55
Reviewer Update
Still yet to be helped despite my complaints and being made aware of them for more than a year