Loan seekers website *****ing money

Item: Lone Zone Sa
Rating: 1

I apologize in advance if you are not the first avenue of lodging a complaint like this. I don’t believe these people are registered credit providers. I don’t believe these people actually offers the service they claim subscription fees for. They somehow debit bank accounts without proper authorization. They threaten to hand you over to debt collectors in order to obtain more money disguised as an early cancellation fee. It is with great disgust that I have to report this, but I thoroughly believe that these people are *****ing desperate loan seekers’ money. Please have a look at this website. https://www.loanzonesa.co.za/lzsa/ When you google Loans SA you get across this website that misleads you in thinking you are applying for a loan, whilst (hidden in their terms and conditions), you actually subscribe to a service when you click on apply. First of all, they took a NAEDO debit order off my account of R 399.00. After phoning them, they rudely said that I electronically signed up for the service. I never signed anything stating that I authorize a debit order off my account. I never proceeded with the loan application after I saw you have to sign up for the “service” first, yet they deducted the amount anyway. After I asked them not to debit my account again, they send me this: “”””””””””””””””””””””””””””””””””“Thank you for your settlement request. Our records reflect that your account is outstanding to the sum of R948.00 as of 20/12/2016. In order to avoid being in material breach on your agreement entered into on 07/12/2016 we urge you to settle the outstanding amount as soon as possible. You are able to download or view your digitally signed service mandate and agreement, by visiting www.loanzonesa.co.za by inserting your Identity Number together with your client reference number as above into the “client area”, to access your client portfolio with Loan Zone SA. STATEMENT OF ACCOUNT DATE DESCRIPTION DEBIT CREDIT BALANCE 07/12/2016 Convenient Service Package - Activation Fee R399.00 R0.00 399.00 20/12/2016 Account Settlement (1 x Month @ R99.00, plus 10 x Months Early Cancellation Pentalties @ R45.00 per Month) R549.00 R0.00 948.00 TOTAL AMOUNT DUE TODAY: R 948.00 We hereby give you notice as provided for in section 14(2)(b)(ii) of the Consumer Protection Act, that if you fail to pay all amounts due as provided for in your service mandate and agreement with us within 20 (twenty) business days, that we shall accordingly terminate your service mandate and agreement with us. Please note that upon cancellation/termination of the service mandate and agreement, you shall remain liable for all amounts owing to us in terms of said service mandate and agreement, including, but not limited to, failed debit order costs as well as a reasonable cancelation penalty as provided for in section 14(3) of the Consumer Protection Act. Should you fail to make the aforementioned payment Loan Zone SA will add a 25% administration fee for the handing over of the account to the debt collectors. Payment is to be made immediately into the following account: Account Name: Loan Zone SA Banking Institution: First National Bank Account No. ***3 Account Type: Cheque Branch Code: 250655 Reference: ********** 867335 Amount Due: R948.00 Due by 2017/01/19 Kindly email proof of payment to: ********** Yours Sincerely; Loan Zone SA (PTY) LTD””””””””””””””””””””””””””””””

Helpful (0)

Replies (0)