SM
SIVUYILE M

1 reviews | Active since Aug 2021

30 Nov 2023, 15:05

Annoyingly long timeline for loan application

I have been a client of ABSA for years now. My experience dealing with ABSA transactional lending/personal loans department has not been good. I app**** for a personal loan via the app and a quick google search on the the timeline said "the initial decision on a loan application is made on the first day and the bank requires another 3-5 working days to finalise". After 3 calls and 7 working days I have received no feedback or any finalisation of my loan application - instead I keep getting a new reference number. This is quite disappointing really.

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Replies (1)
Absa
Absa's reply30 Nov 2023, 16:14
Official
Dear Customer Thank you for bringing this unfortunate matter to my attention and please accept my sincere apology.Your reference number is C-***2. I will review and provide you with my specific contact details as well as an expected time frame for further updates/ feedback via email or by contacting you telephonically during the day. Looking forward to being of service to you. Kind regardsNthabiseng SibandeCustomer Value ManagementAbsa Bank Ltd

Best regards,