TR
Tamlyn R

1 reviews | Active since Jun 2019

02 Jan 2025, 20:12

Since the interest rate change in Oct 2024, my car loan account with Absa Vehicle Finance has been a mess

Since the interest rate change in Oct 2024, my car loan account with Absa Vehicle Finance has been a mess. My monthly installment was meant to decrease from R2800 p/m to R2600 p/m but every month is a stuff up now. When I call or email, I get told capitalization occured and their technical team is trying to resolve the error but nothing has been done to amend it or even explained to me as a client. Useless. I will never use them again for car loan financing and once my car loan is paid off, I intend to close all 4 of my Absa accounts and switch to a better bank.

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Replies (1)
Absa
Absa's reply03 Jan 2025, 10:37
Official
Dear Tamlyn
 
Thank you for bringing this unfortunate matter/incident to my attention and please accept my sincere apology. I will review and provide you with my specific contact details as well as the expected timeframe for further feedback/resolution via email or by making contact with you telephonically.  
 
The reference number for your complaint is C-***5.
 
Kind regards,
Group Customer Care
Vanessa Crowe