I borrowed money from directaxis (R50 000) for a period of 5 years.
Its now being 2 years and i want to settle my account.
Ive being paying roughley about R1850 average a month on my premuim every month witch gives me a total of R44000 that i have paid into their account.
I still got 3 years left to pay off my account but my settlement ammount is still at R37 000.
This means i have paid more than R80 000 into their account and im not even half way into my payback period?
Any way i would not reccomend any one opening a account as you will pay 3x the ammount you loan.
By the way i had to pay a R200 insurance every month and the time when i needed the insurance because i was sitting without work they refused to help me so i had the insurance and no benefit!
Direct axis please dont phone me im finish with you
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