1 reviews | Active since May 2014
<p>I posted an add on Gumtree requesting for a loan and if a lender could assist as I was under sequestration and that I cannot apply with the normal banks.</p> <p>On the 26th February 2017, I received an email from master debt replying to my add that they could possibly assist.</p> <p>On the 11th March, they came back to me telling me that I have to enter into a debt restructuring program to approve my loan and have to make a payment of R4998 on the 25th March or payday.</p> <p>I called Kevin numerous times from master debt before it came to my payment date to make sure that this was in fact what was going to happen, he did not respond to my email but telephonically re-assured me that my loan was granted and once I paid the amount of R4998 once of their financers will release the funds to me, I asked over and over if it would take months and he told me that it would take 5 to 7 working days give and take.</p> <p>It came to the 24th March and I made the payment into the Master Debt account that was given to me. I was then surprised that after the payment Kevin did not bother to revert back to me and his phone was always off , I tried to email and he also did not respond and tried the office line which is now permanently off.</p> <p>I still gave him the benefit of the doubt when I got hold of him 2 days thereafter and he assured me that he was still awaiting on the Financers to come back to him with my loan documents to be signed and the funds to be paid into my account, he sent me and email prior to that on the 14th March telling me that the financers have approved my loan for an amount of R15 000 but it would only be paid once I paid the restructuring amount of R4998. This does not seem to be true, since I made the payment on the 24th March 2017 nothing has materialized, week after week I try to get hold of him and he always has excuses that the financers are having system problems or he does not know what the delay is.</p> <p>I then googled Master debt and found allot of reviews where people have also fallen victim to this lie, they pay the money and none of their creditors are paid they don’t have proof that any restructuring took place and are not granted their loans exactly what he has done to me.</p> <p>It has been now 3 weeks and he has excuse after excuse that the financer’s system is down etc. ECT.</p> <p>This is a ****, the will be no loan and my money was never distributed or I have no proof of any restructuring that took place.</p> <p>I have found other reviews were he previously did exactly the same under the name of Kashbac, Kashfin and now Master debt.</p> <p>Anyone with similar cases please come forward as I will be persuing this and make sure that it does not happen to anyone else out there , they take advantage of people who are desperate and put you in a worse off financial situation.</p> <p>I paid money to him I did not have and trusted him and he took me for a ride week after week trying to contact him with only lies. It is disgusting to say the least.</p> <p> </p>
5 total reviews on Hellopeter
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