Loan Hub SA has found a way to con people out of their money by creating a web site where enquiring about their services, they automatically enrol you for a "loan finding" service. They hide the details of this service and the costs very well inside their terms and conditions and without further notice or signed consent, they put debit orders in place against your bank account for these services. However, they never actually render any services at all. The terms and conditions are misleading and uses terms that the average SA citizen will never understand and they rely on the gullibility of consumers to fall into their trap. Upon confrontation they threaten you with SEVERE and STRICT legal action against you and immediately lists you at ALL major credit bureaus. They follow these up with aggressive and threatening e-mails and demands. Consumer beware!!

Report ID: 12349
Crime Category: Fraud
Province: Western Cape
City/Town: CAPE TOWN
Suburb: Durbanville
Address: 128 Fairbairn Street, Parow-East, 7501
Crime Date/Time: 1 Feb 2016, 13:02 PM
Reported By: franscdewet
Reported Date: 1 Feb 2016, 13:02 PM
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