CB
Charlie B

1 reviews | Active since Aug 2015

19 Oct 2023, 13:16

Residual Value

In March 2023 I paid an amount equal to my Residual Value into my vehicle finance account and I also instructed them to reduce my installment accordingly. Just spoke to someone at the Call Centre and advised tht on my statements the Res Value still shows, will I have to pay this amount back when it becomes due or do I just continue to repay until the end of my term and they advised me yes I will still have to repay this. Can someone please help me here to understand as all funds goes to the same account?????

0
Replies (2)
Absa
Absa's reply19 Oct 2023, 13:34
Official
Dear Charlie, Thank you for bringing this unfortunate matter to my attention and please accept my sincere apology for the inconvenience caused. Your case reference number is C-***9. I will review the matter, and provide you with an expected timeframe for further feedback.  Kind regards, Basani HlungwaneAbsa Bank Ltd

Best regards,

Absa
Absa's reply20 Oct 2023, 11:06
Official
Dear Mr Charlie Bretzke,
 We refer to the above and note that we have not received a reply from you. We understand that you may be occupied at the moment and therefore request that at your most convenient time, reply and provide the requested information. Looking forward to hearing from you soon.
 

Best regards,