MF
Melicia F

1 reviews | Active since Oct 2022

20 Oct 2022, 11:34

LOAN BEING DECLINED BUT TOTAL DEBT R321

I app**** for a loan at African Bank and their system throws me out because it says I have a high debt utilisation meanwhile my credit limit is R500 and my total debt is R321 which means its more that 50% of the R500 so the system kicks it out as high debt utilisation. No one can manually look at my application it has to be done via a system of numbers.

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Replies (1)
African Bank
African Bank's reply20 Oct 2022, 11:59
Official
Thanks for giving us a chance to make things right. We've sent you our reply and we're happy that we can move on from this matter together.

If you need anything else, we're only a phone call away.

Your African Bank Support Specialist team
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