AfricaComplaints.com » Business & Finance » Complaint / review: Standard Bank - Unethical loan offers hiding interest information | #173709

Standard Bank
Unethical loan offers hiding interest information

Disgusted. Out the blue I got a call to increase my existing Revolving Credit limit. I made it clear on the call that there can be no other changes other than the limit increase. No interest change other than a monthly increase in capital payment i.e. debit amount.
The consultant agreed so I agreed.
On first billing, my whole agreement is now at a % higher than my credit card w.t.f!!!
This is disgusting behaviour to trick people to up their existing agreement interest rates besides an unclear offer.

Date:

Company: Standard Bank

Country: South Africa   City: South Africa

Category: Business & Finance

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