AfricaComplaints.com » Business & Finance » Complaint / review: African Bank - Excessive interest rates and paying for 12 years | #135238

African Bank
Excessive interest rates and paying for 12 years

African Bank account 4000136962 opened 02/11/2001 interest rate 15.5% period 5 years. Stopped paying account when pediod almost over and was retrenched. Lost track of payments. However this account has tripled in original debt in past 12 years. currently paying this account under debt review since 2010. No Duplum rule implemented on this account? how could outstanding amount grossly increase like this?
Terrible terrible exploitation of clients.

Date:

Company: African Bank

Country: South Africa   City: In General

Category: Business & Finance

0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google