KP
Krian P

1 reviews | Active since Apr 2013

19 Mar 2024, 13:01

King Price insurance credit profile

Here is what transpired. Last year 2023 (may), I got a quote for vehicle insurance with King Price and was happy with it at the time and took it out. Inception date to be June first with the debit date on the 1 June. A few days after the quote around 25 May, I found a better quote, at another insurer, and explicitly called King price with the cancellation with immediate effect. (which they did). On the 2nd June (stand to be correct), they debited my account and there was not funds available so the debit bounced. They shortly put me on the credit bureau and list me as owing R352 (on my credit profile which currently stands). When I called back multiple times, they said I have a zero balance, they also mention that I still owe R352 when the policy did not even incept(how can your records show multiple conclusions). I have made multiple calls to them to remove me from the credit bureau has gone in vain and my credit profile still indicates I have an active account with King price owing R352! I requested a voice recording (which is my right), and nothing came of it, do you even have this??? This is now effecting my credit profile, I need assist to be cleared ASAP!!!

0
Replies (2)
King Price Insurance
King Price Insurance's reply19 Mar 2024, 14:10
Official
Although we never really enjoy hearing that our clients have been frustrated or disappointed by us, we do appreciate you bringing situations like this to our attention, so that we can immediately improve the service we provide. Your concerns have been sent to our client care team who will be in contact to discuss your concerns and the way forward.
KP
Krian P's update11 Apr 2024, 08:36
Reviewer Update
This is such a brilliant response however! My new credit report is out and it shows that i still have an outstanding balance (which again i don't as the policy has not been active), and it shows that this account was updated on the 31 March 2024, so nothing was done from King Prince to resolve this. Once again, promises made yet no results or urgency/follow up done! can this please be rectified????