KK
Kagiso K

1 reviews | Active since Apr 2023

19 Jan 2024, 10:30

Quick to borrow money but poor when it comes to admin, updating client's bureau

This is one credit service provider who will be the quickest when it comes to providing you with credit, be it MobiMoney and 12Month Flexi. The problem with Finchoice is that they are not efficient when it comes to updating their client's details with the credit bureaus.They still expect you to constantly call their customer service departments and constantly request that they update with the credit bureaus.

I think it is either staff incompetence and the institution deliberately does not prioritise the impact and importance of updating its client's records with the credit bureaus because they know that their clients will be tied up due to adverse credit information records and won't be able to get any credit with other institutions.

They are no different to a loan shark who keeps your physical identity document when you apply for credit.

I wonder how many consumers are struggling with this issue!!

I urge all consumers who have borrowed from this institution to take it upon themselves to call the credit bureaus to check their profiles and make sure that any payments, settlements, accounts up-to-date equally reflects correctly with their credit bureaus and If they are not they need to constantly contact Finchoice to prioritise updating records with credit bureaus.

The same enthusiasm Finchoice has when it comes to borrowing should be the same enthusiasm app**** when updating client's records with the credit bureaus.

0
Replies (2)
Finchoice
Finchoice's reply19 Jan 2024, 11:42
Official
Good day,
 
We thank you for your feedback. We strive to ensure every customer is satisfied with our service, and we apologize for any way in which we may have inconvenienced you. Allow us to investigate your query and have it resolved.
 
The finchoice team 
Finchoice
Finchoice's reply24 Jan 2024, 10:23
Official
Good Day

Our records show that your query has been resolved. If not, please let us know so that we can fully resolve your query.

The finchoice team