I was recently looking for a loan and came across Loantracer SA online. After sending in a query for a loan I recieved an SMS saying I have to pay R399 if I want to make use of their loan tracing services. Since I did not need that loan anymore I did not make the payment. At the end of the month that amount was debited from my account despite the fact that I did not make any further correspondence with them. These people trick you into paying money into their account. They do not tell you what you are going to be paying for and their correspondence is so poor. The website is not user-friendly and they hide behind big words and contracts so as to catch unsuspecting innocent people, like myself. If you value your hard-earned cash I urge you to stay away from this company! They offer no value whatsoever to a person's life.
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