1 reviews | Active since Mar 2021
Tymebank Personal Loan Amount
I app**** for a personal loan on the Tymebank app, although I qualify for R200 000, I app**** for an amount of R30 000. When the loan was processed it was approved for the maximum amount of R200 000, of which I did indicate on the slider that I needed R30 000. I then called Tymebank where I was told there is nothing they can do for the electronic application and I need to wait for the application to expire, which will be 06/05/2025 then I can apply again for the right amount. I then waited for 06/05 of which it didn't expire, checked again on 07/05, still the application had not expired. I then called Tymebank again on 07/05, they said the system still shows it needs to expire but it didn't. I was then told even if it expires I will need to wait another 7 days to re-apply and they have escalated to the technical team to sort out why it hasn't expired. I was then told the escalation has a turnaround time of 24-48 hours. Despite the issue being caused by Tymebank, it seems they insist on the high amount to make one pay a high interest rate and related costs. I requested to speak to the manager - Boitumelo Nthine, but was told she would call back, of which the call has come through.
Thank you for bringing this to our attention. We understand the frustration this situation has caused. In protection of your information, we will DM you for further information.
Thank you for bringing this to our attention. We understand the frustration this situation has caused. In protection of your information, we will DM you for further information.
