LN
Lee N

1 reviews | Active since Jun 2023

11 Jul 2025, 00:13

Loan discrepancy

I am writing to formally express my deep disappointment and concern regarding my recent experience with Izwe Financial Loans. Despite numerous attempts to engage with your consultants, I have received no resolution or meaningful response to my queries.

My loan application was initiated on 8 July 2025, yet I was shown a transaction allegedly dated 10 June 2025—a clear discrepancy. Throughout this process, I have been asked to pay multiple fees, including:

R500 for processing and compliance

R1000 for legal claiming

R2000 for identification and account linking

After all these payments totaling R3500, I was then asked to pay an additional R2700 for a so-called final activation fee—despite assurances that no further payments would be necessary after the initial charges.

I interacted with individuals who identified themselves as Nolitha Maqashalala (also referred to as Jessica Jordan) and Raymond Bismarck, allegedly the Chief Executive Officer. Unfortunately, I have not received my loan funds, and repeated efforts to obtain a refund for the R3500 paid have been ignored.

This experience has left me deeply concerned about the legitimacy of this process and the conduct of those involved.

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