MC
Manuel C

1 reviews | Active since Jan 2012

03 Feb 2015, 15:41

Vehicle Finance Insurance deducted without consent

After 3 years of paying my vehicle finance at ABSA without missing a payment, I was deducted R1,400.00 extra on my monthly debit order. After querying the debit order I was informed this is for insurance. When I got hold of ABSA Insurance, I was told they do random checks to confirm that there is insurance on the vehicle and request proof of this existing insurance.<br> <br> When I told the woman no one had contacted me or gotten any approval from me, she read out my old cellphone number (Which I had changed many moons ago inside ABSA and they did nothing about it seems) and said if they don't receive proof they automatically add the insurance.<br> <br> I was told if I provide proof, my money can be refunded within 5-7 working days. My FNB account has gone in to arrears because of this and now I have to wait without ANY money until then because ABSA had not even taken initiative to mail me regarding this before doing a deduction? I don't even have money to fill my car with fuel<br> <br> This is absolutely ludicrous and if this is not resolved, with my money paid back immediately, I will be contacting the ombudsman to further this issue. I am absolutely shocked that ABSA would treat a loyal client this way

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Replies (1)
Absa
Absa's reply04 Feb 2015, 13:39
Official
Hello Mannyfs1,

Dear Customer

Thank you for bringing this matter to our attention. We will investigate the matter and furnish feedback shortly.

Kind regards

Daphne Le Grange

Group Customer Care

Absa Bank Ltd