Vehicle finance

i hope south African will start to understand how the law has been abuse by ABSA vehicle finance ,payment of R18 000 was made still they are forcing and extra upfront payment i dont know which law it for that up front payment. i believe ******** elements is happening to this bank investigation is needed. PLEAS LOOK HOW CRIME START AT ABSA IM TIRED THEY STOLE MY MONEY ,WHEN I ASK THEY USE (NCA) ACT . ABUSE OF POWER.

NOTICE UNDER SECTION 129(1)(A) OF THE NATIONAL CREDIT ACT, 34 OF 2005 ("NCA") Vehicle description: FORD 15 FORD RANGER 2.2TDCi XLS 4X4 PU/D/C Account number: ***

Dear Mr SHIVURI In terms of Section 129, read together with Section 130 of the NCA, you have not met your obligations in terms of your credit agreement entered into with Absa Vehicle Finance and are in arrears to the sum of R17920.25 as at 13/07/2023 We propose that you refer the above credit agreement to: • a debt counsellor; • an alternative dispute resolution agent; • the consumer court; or • an ombud with jurisdiction, to try and resolve any dispute under this credit agreement or to agree on a plan to bring the payments under the credit agreement up to date. If you fail to respond to this notice within 10 (ten) business days after the delivery of this notice and if you remain in default for 20 (twenty) business days, we may cancel the credit agreement and proceed with legal action against you. If you want to discuss your account with us, or the option to voluntarily surrender the vehicle, please contact the Absa Vehicle Finance Collections team on the number above. If you remain in arrears, Absa Vehicle Finance will proceed to file the details of your default and our enforcement actions with the credit bureaus, which may result in your credit record being adversely affected. This is a serious matter. Please ensure that you take action urgently. Yours sincerely The Absa Vehicle Finance team