I did an online application for a loan with LoanLocatorSA which i didn't fully complete or email back the required documentation because i was no longer interested. On my pay day an amount of R399 was deducted off my account by them, i don't know why and what it was for. Apparently on the terms and conditions of their agreement it states that once you agree with the conditions you as the applicant are liable for a payment of R399 once off and a further R99 which will be debited every month for 11 months regardless you take the loan or not.
I am letting people aware of this scam loan service as it is ripping people off...
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