SAHL SA Home loan hell !

SA Home loans is no doubt the worst financial service provider when it comes to financing home loans and home insurance cover. I have been doing extensive research on SAHL and SAHL HOC for more than a year now.

My research revealed a negative rating of more than 91 % from insurance a proven fact that SAHL lures unsuspecting clients into doing business with them by falsely promoting better interest rates, access to cash back on existing loans etc. which is A TOTAL SCAM!

Most evident during the Covid 19 pandemic where other banks offered relief to their customers, SAHL smiled all the way to courts nationwide, claiming judgements to have homes sold on auction due to customers not being able to pay their monthly bond installments. Some of these homeowners paid their bonds for more than 25 years but fell in arrears when Covid caused major havoc and job losses. Blatantly ignoring the begging and pleading for so called "payment relief" from clients, not answering telephone calls nor responding to email requests or BLATANTLY REFUSING any kind of relief, hundreds of families are doomed.

The homeowners insurance which are linked to the bond are the worst ever. Claims are rejected 98% of the time with outrageous findings by their accessors. Unsuspecting clients are robbed by these money-hungry companies who's only goal is to enrich themselves by stealing from unsuspecting victims.

I have a group on Facebook where people that experienced this bad service can post comments to warn others NOT TO USE SA Home loans. Kindly search for this group under SAHomeloans and add comment to warn people against these scammers