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Term loan assistance

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1 REPLY 1
Customer34
New Contributor
I have applied for a term loan as I have a RCL but it was approved but now they having issues paying the funds to my account. Been one week calling consistently and no resolution whatsoever! Calling everyday to find out what is happening no body assist when you tell them to call you back nobody does. Honestly Standard bank is becoming like a **bleep** bank
NicolasKemsley
New Contributor

Hi I wonder if somebody can give me some clarity 

 

I applied for a term loan yesterday over the phone with a consultant,They said that i cannot take a term loan because my other standard bank loan is not older than 6 months so they can increse my loan amount.

 

I dont understand this because this is not a personal loan or revolving credit it is a new tem loan maybe the consultant misunderstood what i wanted or maybe im mistaken 

 

Please if somebody could clear this up for me