1 reviews | Active since Aug 2011
Abs guilty of reckless lending
complaint against mr johannes van der merwe and mrs Khan both ex watercrest branch for reckless lending - neither of them did a assessment of my statements . Mrs Khan actually upped the monthly cost that i make per month herself as she said "we cant put that low figure they wont accept it" i told her i was trying to get rid of debt instead she got me into much more debt than i could afford. Three months prior to this i tried to get my car refinanced i went thru va va vroom but got turned down by all the banks, Miranda who i spoke to said we have a terrible problem trying to get loans for self employed. I sent a email to Mr van der merwe and he rep**** of which i have a copy in this letter he states as i am self employed a bookkeeper must look over my statements - i still have this email. Yet three months later within an hour with no assessment or anything i get handed a massive loan on a plate which i couldnt afford !!!! When i went into see Mrs Khan i distinctly told her i was trying to get out of debt as i had sold my car and cancelled my insurance on it and closed my credit card - i had bought a second hand car and paid cash for this. My reason for going to the bank was to get a overdraft i was offered of R33000 instead i get talked into a massive loan that i have gone into debt review because i cant afford it. I am not taking responsiblity for irresponsible staff who go against their duties of carrying out essential check ups on customers and telling lies about what i earn on the application. They should get fired for doing this as i am a pension with no pension no job no permanent employed classified as semi disabled and all i do is buy and sell second hand cds on the internet. How do they think i was going to pay off a payment of over R6000 per month? I think this must be investigated by your managing director do not send it to a consultant this needs to be sorted by head office once and for all. I can show you documents which shows they did wrong and also the information has gone t the national credit regulator who is investigating along with an attorney. You have ruined my life and my health has deteriorated because of all this stress that i am now classified medically as permanently disabled and not able to work at all.
