Loan Tracer

2 Reviews

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Mandla Mabena's complaint against Loan Tracer

Mandla Mabena


Paying for services not rendered by debit forever

Complaint against Loan Tracer

I was looking for a loan that would at the time help consolidate all my debts so I could focus my repayments on one loan provider. I came across Loan Tracer Sa online who was able (according to their online (Marketing) link me with such providers. Other than being called by a lady who offered me a loan for R80000, which was insufficient to consolidate my debts amounting at the time to over R300000.00, I never heard from Loan Tracer again. Yet I was maintaining my R399 monthly debits without fail. I have since realised that they are not keeping to their side of the bargain, and I terminated my monthly debits from my Standard Bank account.

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