AfricaComplaints.com » Business & Finance » Complaint / review: African Bank - False information on payslip | #158147

African Bank
False information on payslip

Good day
My name is Happiness Ndala my email address is [Email Removed] Last year October burglary took place at my residential place and my valuable property was taken as a result I went to African Bank to try for a personal loan as I wanted to secure my house with burglar proof. I gave them my original payslip as well as my three months bank statement. I was granted R34 000 and couple of rands i don't remember the exact amount. After i signed the contract i Went back to work and an hour late they call me to say that the system has changed my offer now its offering me a higher amount. I did not think of any thing as i was desperate for money and knowing that I will settle some of my loans and left with little amount that I need for burglars. Early this year i asked for payment rearrangement with African Bank they agreed. Recently they set me a statement saying that I am on arrears, the amount I now owe them is more than the amount they gave me they have raised my interest charges up to 900 per month and my so called insurance is 500 plus monthly fee of 300 only to find out that they to the system saying am earning 11000 instead of 5800pm after deductions.

Date:

Company: African Bank

Country: South Africa   City: Corner Church and Bosman

Category: Business & Finance

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