TW
Travis W

1 reviews | Active since Jul 2017

11 Nov 2021, 14:26

Lengthy Home Loan

I had taken a personal loan of R81 000 and explained to the first person I called I wanted to pay the same as i do now. I then only qualified for a R30 000 loan. That's fine. Unhappy but thats not ABSA's fault. The problem having now is I had called and asked for a loan on my house which is financed through ABSA. I'm not sure what you call it but I took the loan from the amounts time already paid in. My problem is that we have been going through this for more or less 3 weeks. We've sent all the paperwork though. We've sent so much paperwork through I honestly don't no where we are.. we still don't know if we have the loan. I've been on medical boarding for a mental disability since last October. There has been a ****** with my pay up until two months ago. We've used all our savings and have had to use our credit card to get through the month. We need to pay that off and do some badly needed renovations too the house. No answers from ABSA. No idea if we have the loan. No idea where we are and no we have to send proof of address from ABSA too AbSA. You have absolutely no idea what we have to on a daily basis. My wife has had to curry us both because of my disability, which just gets worse and worse everyday. I'm sure during the time we've spent on this we could have re financed the home at SA Home loans. Please don't bother phoning or emailing. It's always the same story

0
Replies (3)
Absa
Absa's reply11 Nov 2021, 14:45
Official
Dear Customer  Thank you for bringing this unfortunate matter to my attention and please accept my sincere apology. Your reference number is C-***3. I will review and provide you with my specific contact details as well as an expected timeframe for further update/ feedback via email or contacting you telephonically within four hours.  Looking forward to being of service to you.  Kind regards Nthabiseng Sibande Customer Value Management Absa Bank Ltd 

Best regards,

TW
Travis W's update12 Nov 2021, 13:07
Reviewer Update
And now ABSA had just got hold of my wife and I asking for a municipal account in my name. The evaluation of the property couldn't be done without the address. The municipal account is under my wife's name. What is required from ABSA to prove that I live here? I have my absa vehicle finance, my absa loan and my absa homeloan. What is good enough? I've given a invoice addressed to myself and under my address. The only thing I have to prove I live here is my absa accounts and a doctors bill! What more is needed? Why is this taking so long? We send everything off and then 2 or 3 days later we are told that we need more info from the credit department. Would it be easier for me to off myself and then it's all in my wife's name and maybe in a few months she can get the loan. It's never taken this long for a loan. The only thing that has changed from a few years back and now is the fact I've been boarded for a mental disability.
Absa
Absa's reply12 Nov 2021, 13:47
Official
We will address the matter.

Best regards,