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Palesa M
Active since Jul 2025
3
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Reviews
3 reviews8 months ago
Never defaulted payments, IPDA messed up my credit record
I am just frustrated with this company.They never respond to queries. I just discovered that I have arrears with ABSA bank because they have not been distrubuting my funds according to the restructured payment plan. I have an outstanding balance with Capitec bank that was supposed to be paid off long time ago. I have communicated this with Debt councilor which they also dont knw why all this happening. I never defaulted on my payments ever since i started this process.IPDA has been receiving funds accordingly and I even added more throughout the years but today I am sitting with arrears on my credit report from ABSA and CAPITEC. I have requested for investigation into this matter however I am getting no response.No answers from this company. I am just fed up. I want to pay the remaining creditors providers directly at this point. At this point I am just hoping absa will not reposess their vehicle because of this arrears. CApitec was supposed to be closed long time ago but no investigation as to why I still have a outstanding balance.I have been complying and doing my part as per court order. I am frustrated because I have never defaulted instead increased the monthly funds to be added to the original amount that was agreed as per court order. I am going back and forth with credit providers because of IPDA .they are just there to collect money and nothing else concerns this company.They dont deserve even 1 star rating for their reviews.
53 replies
8 months ago
Debt review with capitec is frustrating
I have a loan account with Capitec that has been in Debt review since 2021. According to Court order arrangement, the final payment for the loan was supposed to in 2024 without default. I paid Capitec monthly without defaults. Capitec issued a COB of the amount that I dnt understand what it is for because I never defaulted. Capitec is charging extra amounts that I am not aware of and not according to the court order payment plan.This has affected my credit report and my other account that was also restructured as per court order. I am so frustrated. I should have stayed away from Capitec from the beginning ,Capitec is making my life difficult.Now I had to make arrangements to pay off that outstanding amount which I dnt knw about because as per court order this account is supposed to be closed. I have never defaulted. I am sitting with a bad credit report. Basically I am stuck with capitec because now i am in arrears with capitec and other account without default from my side.,all other creditors were paid off accordingly without a surprise of outstanding balances that I dnt knw of. Capitec also cancelled a debt review on the account stating that I defaulted but I made payments monthly without default . Why is there anoutstanding balance on my account whereas I paid in full as per court order.
106 replies
9 months ago
Frustrated by debt rescue services
I am frustrated and highly disappointed in Debt Rescue services. I am under debt review with 4 of 6 debts fully paid up. The remaining two are giving me problems due to debt rescue incompetence. Capitec has terminated my debt review order and may take legal action due to defaults.I communicated with Debt Rescue about this account from April 2025 because it was about to be paid up that month according to statement i received.Debt Rescue did not request COB on time from Capitec. I had to push for this request however it was too late because Capitec has now terminated debt review due to non payment that is not my fault.I made payments but they were not distributed.I asked debt rescue to check if Capitec is charging the correct interest as per court order till today no answer,nothing.with ABSA vehicle finance I don't even know what to say.Monthly installments to this account have increased however ABSA is reporting to credit bureaus that I am in Arrears for 4 months.maybe the next thing they will do is collect their vehicle just like how capitec terminated the debt review order. I am jst frustrated with Debt Rescue because I trusted them that this process would be easy and not so frustrating. What do i do now debt Rescue?i have send numerous emails and no feedback?I have a termination due to default and a 4 months arrears under your watch. I have never defaulted on my payments but instead increased them for both absa and capitec.Debt rescue does check and verify accounts updates even after a request.I am just frustrated because I never defaulted on this accounts.
106 replies
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5 Star
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2 Star
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1 Star
3 (100%)