CV
Cobus V

1 reviews | Active since Nov 2017

04 Jun 2020, 10:04

Contradicting Adverti*****t

I really don’t understand how this works.

If you look at FNB’s website and what they are offering >>> #realhelp + loan schemes for businesses + zero increase + payment breaks, all these things yet they do not extend new credit to business that is showing positive cashflow in these hard times. Isn’t that just the business you want to be lending to?

Here is what they said after they used the age old “your credit score is not good enough”. Luckily, we live in a world with access to data and it was easy to show them this terrible credit score they were referring to was referred to by guys like Experian and Transunion as Excellent-Stable-Low Risk.

“Thank you for your email. We are facing an unprecedented time that has major social and financial implications for society, business and families alike. We are unfortunately not offering any new loans or credit at this stage of COVID-19 as we are unsure what the impact will be on all business. We are happy to relook at your application once the COVID-19 situation has settled.”

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