BT
Banyana T

1 reviews | Active since May 2018

05 Feb 2026, 15:45

Interest on Value Added Services

Valued Added Service ( Interest) Wesbank gave me a loan of R330 000, of which the R30 000 is for the maintenance , warranty and all the other extras, But the principal debt is R330 000, my query is why do i then pay 3 x interest rates, why I am not paying one interest rate for one principal debt which is R330 000, why is there a separate interest rate for value added services, meanwhile those extras fees were consolidated into one loan.

0
Replies (1)
WesBank
WesBank's reply05 Feb 2026, 15:59
Official
Dear Banyana T

We have received and reviewed your Hello Peter post. Our Customer Resolutions Team has logged a formal complaint which has been routed to the relevant department for investigation and resolution. We will be in touch with you to resolve this matter.

Regards,WesBank Service Resolution