DR
Donavan R
1 reviews | Active since Mar 2021
04 Mar 2021, 07:56
Very unhappy!!!
I went under debt review in 2019 with Finfix and was promised that my vehicle would not be taken and guess what! My vehicle has repossessed today 04 March 2021. Can you help me?
Helpful (0)
Replies (5)0
Replies (5)
FinFix's replyOfficial
04 Mar 2021, 10:49Hi Donavan, it is a sad occasion. However, payments were missed or short paid in September of 2020 as well as April, June and July of the same year. We made numerous calls warning of the risks of not paying. We also forwarded a "non-payments risk letter" warning of the threat of asset seizure in July of 2020 where after another payment was missed. A debt counsellor will give you a call today to discuss your options.
FinFix's reply04 Mar 2021, 10:49
Official
Hi Donavan, it is a sad occasion. However, payments were missed or short paid in September of 2020 as well as April, June and July of the same year. We made numerous calls warning of the risks of not paying. We also forwarded a "non-payments risk letter" warning of the threat of asset seizure in July of 2020 where after another payment was missed. A debt counsellor will give you a call today to discuss your options.
DR
Donavan R's updateReviewer Update
04 Mar 2021, 11:05The reason the payments where missed was from you side. You guys missed the first payment to MFC right at the start of the contract and you guys tried to increase the monthly installments numerous times. I have all the statements to prove payment for every month. The only payments not paid was during the the first lock down when I app**** for a payment holiday which you guys approved. So we need to sort it out but you guys just withdrew from paying MFC. I will not recommend you to anyone in future. Thank you for putting me through hell. But we will see each other soon.
DR
Donavan R's update04 Mar 2021, 11:05
Reviewer Update
The reason the payments where missed was from you side. You guys missed the first payment to MFC right at the start of the contract and you guys tried to increase the monthly installments numerous times. I have all the statements to prove payment for every month. The only payments not paid was during the the first lock down when I app**** for a payment holiday which you guys approved. So we need to sort it out but you guys just withdrew from paying MFC. I will not recommend you to anyone in future. Thank you for putting me through hell. But we will see each other soon.
DR
Donavan R's updateReviewer Update
04 Mar 2021, 11:48Those dates you are talking about was never missed. I paid a R1000 on 4th of May 2020, R1000 on the 26th of May 2020 and in 25th of June 2020 another R1000. This was during the payment holiday I app**** for and was approved from your side.
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Donavan R's update04 Mar 2021, 11:48
Reviewer Update
Those dates you are talking about was never missed. I paid a R1000 on 4th of May 2020, R1000 on the 26th of May 2020 and in 25th of June 2020 another R1000. This was during the payment holiday I app**** for and was approved from your side.
FinFix's replyOfficial
04 Mar 2021, 11:52"Without Prejudice"
Hi Donavan,
Your instalment was decreased from R7847.00 to R2600.00 to accommodate the exclusion of the account, which you proceeded to pay since the start of the year.
All FinFix payments are distributed by a registered payment distribution agency in line with your payments.
Hi Donavan,
- No arrangement was made for missing the September 2020 payment.
- PDA | Collection | | Collection Unpaid | Not Provided For | 2020-09-01 | 7846.99 | | 0.00 | / / | R 7846.99 |
- Annual escalations which was discussed and agreed to were not adhered to.
- Counter offers which were discussed with yourself on multiple occasions were dismissed by yourself.
- The termination of the account in question was brought under your attention.
- You agreed to make arrangements with the creditor in question yourself as the account was excluded.
Your instalment was decreased from R7847.00 to R2600.00 to accommodate the exclusion of the account, which you proceeded to pay since the start of the year.
All FinFix payments are distributed by a registered payment distribution agency in line with your payments.
FinFix's reply04 Mar 2021, 11:52
Official
"Without Prejudice"
Hi Donavan,
Your instalment was decreased from R7847.00 to R2600.00 to accommodate the exclusion of the account, which you proceeded to pay since the start of the year.
All FinFix payments are distributed by a registered payment distribution agency in line with your payments.
Hi Donavan,
- No arrangement was made for missing the September 2020 payment.
- PDA | Collection | | Collection Unpaid | Not Provided For | 2020-09-01 | 7846.99 | | 0.00 | / / | R 7846.99 |
- Annual escalations which was discussed and agreed to were not adhered to.
- Counter offers which were discussed with yourself on multiple occasions were dismissed by yourself.
- The termination of the account in question was brought under your attention.
- You agreed to make arrangements with the creditor in question yourself as the account was excluded.
Your instalment was decreased from R7847.00 to R2600.00 to accommodate the exclusion of the account, which you proceeded to pay since the start of the year.
All FinFix payments are distributed by a registered payment distribution agency in line with your payments.
FinFix's replyOfficial
04 Mar 2021, 11:53 Notices - Kindly take note a form 17.3 cannot guarantee that credit providers will not proceed to terminate the debt review, non-payments or short payment still carry the risk of creditor terminations, a form 17.3 is only valid for up to three months.
FinFix's reply04 Mar 2021, 11:53
Official
Notices - Kindly take note a form 17.3 cannot guarantee that credit providers will not proceed to terminate the debt review, non-payments or short payment still carry the risk of creditor terminations, a form 17.3 is only valid for up to three months.