I have got 3 african bank loans. It costs me about R10000 per month. I asked them to consolidate my loans so that I can free up some cash flow and have 1 lower payment. They say I dont qualify due to affordability but I can get another loan for R40000 rand. how do they expect
People to get out of debt? If they did what I want my payment will drop to half. BUT NO THEY WANT ME TO BATTLE TO PAY SO THEY CAN COLLECT THE INTEREST! all lenders!!! Capitec bank could settle all my debt and have me as a client but no dont qualify affordability. Pathetic!!!
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