MM
Mokalapisi M

1 reviews | Active since Jul 2021

22 Apr 2025, 20:05

Unfair loan process and dysfunctional customer care

So I need some quick cash not a lot of money because I was skeptical of my repayment premium. I app**** with TymeBank and approved for a large amount of money. Unfortunately their application system doesn't allow a client to adjust the amount they need which eventually affects the repayment. I took the large amount with the intention to use the portion I need and return the one I don't need. Guess what I returned the extra cash with the intention to reduce the payment Unfortunately I am told the repayment amount cannot be adjusted, So I'm stuck with a high repayment amount that I cannot afford. Your customer care is the worst I have ever met, There were days I waited over an hour to be answered and gave up plus not to forget it's not even a toll free number. It is clear from my experience that the loan process nor customer care are far from being fair or user friendly, in my case it did not serve the purpose at all it ended me in a worst state compared to the way it found me.

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Replies (2)
MM
Mokalapisi M's update22 Apr 2025, 20:22
Reviewer Update
Further to the above the bank is charging me interest twice a month and the amount keeps increasing monthly rather than going down as compared to the previous loan I took from them. So I'm still charged as if I used the whole amount as if I did not return the other amount I did not need.
GoTyme Bank | Formerly TymeBank
GoTyme Bank | Formerly TymeBank's reply23 Apr 2025, 07:42
Official
Hi Mokalapisi, It is always our intention to meet and exceed your service expectations. We’re not happy to hear about the frustration and inconvenience you’ve experienced. Please accept our sincere apologies. We have passed your concerns on to the right team, who will get back to you with proper feedback so that we can sort this out.