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Standard Bank
I took out a personal loan of R9000 in 2005 for a term of 60months and instalment given was R201. Its been 4yrs and my loan amount is still on over R5000. I spent the entire day on the telephone with customer service, managers, etc querying how its possible for me to owe so much and be finished next year with only paying the agreed instalment amount of R201. I was given so much *** feedback about interested occurring on a monthly, yearly basis and that regardless of the fact that the loan agreement is for 60 months that after that term and the... read full review »
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