US
Uhone S

1 reviews | Active since Aug 2025

26 Aug 2025, 10:15

Unfair Interest Charges on My term Loan

,

I am extremely concerned and feel ****med by how my term loan account is being handled. I pay R2,690 every month, yet I am being charged an additional R1,700 in interest while my arrears keep increasing.

In January my account was in order, and when I enquired about retrenchment cover I was not assisted. Since then, despite making arrangements and payments, I am still debited and penalised with growing arrears that make no sense.

This is unfair, misleading, and feels like exploitation

0
Replies (1)
Standard Bank
Standard Bank's reply26 Aug 2025, 10:27
Official
Dear Uhone

Thank you for bringing this issue to our attention. 

As Standard Bank, we are committed to providing you with the best possible service and will ensure that this issue is taken care of. 

We sincerely apologise for any inconvenience or unwarranted frustration this has given you. 

Kindest regards
Standard Bank Hello Peter Team 
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