To who ever wants to take a african bank laon please read this.
I took a loan for 55k november last year. After fighting and pleading i settled my account with no assistance. I paid 30k towards it in the last year the settlement amount i just paid was R56k. R1000 more than i originally took out.
They catch you with insurance and fees aswell as interest rates. My insurance was as muc as R600 pm and interest R1600. So only R300 got paid towards the Debt. day light.
On the initial contract i signed it was R200 insurance .. Dont believe them!!
If you in financial difficulty rather wait it out than take a loan. You will regret it.
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