1 reviews | Active since Mar 2021
ABSA demands.
I app**** for a home loan of R350 000.00 from ABSA. It was granted but the bank demanded that I take out life and disability insurance. They enforce it. Firstly they want to sell me their product. As if I have no choice. The property I am buying is worth R850 000.00 as I gave R500 000.00 deposit. I am currently 21 years with them and in the past there was no problem with me buying a house. Now I am struggling to get life insurance and the lawyers are demanding action. I am left only with a few days to get life insurance. I phoned ABSA to get this requirement waived but they just send me from one department to another. I am sick and tired of this. My so long called friendship with ABSA has been dented and gives me a sour taste in the mouth. How can they demand life cover if the credit they have is more than 200%? I would really advice people not to do business with them. Finish and klaar.
Kind regards,
Basani Hlungwane
Customer Value Management Absa Bank Ltd
Best regards,
Kind regards,
Basani Hlungwane
Customer Value Management Absa Bank Ltd
Best regards,
