1 reviews | Active since Nov 2025
MBD Installment listing
MBD bought my #Capitec loan account, to make matters worse, they list an installment amount of R63513.00 which makes it difficult for me to move on with my life. On the bureau, the outstanding balance is R76330.00. How on earth can installment exceed 80% of the outstanding balance? I request a discounted settlement letter so that i close off my account, and it comes amounting to R90630.00 which is unreasonably fair. Therefore, im requesting MBD to list a reasonable installment amount and if they cant issue a discounted settlement letter so that i close off my account with them, then ill continue with my R200 payment. Please address the issue before i report to NCR. Wishing there was a way to share a screenshot of my credit report.
We acknowledge receipt of your query and thank you for bringing this matter to our attention your concerns are noted; we will investigate the matter and furnish you with our feedback shortly.
Kind Regards
Complaints Officer
MBD
Best regards,
We acknowledge receipt of your query and thank you for bringing this matter to our attention your concerns are noted; we will investigate the matter and furnish you with our feedback shortly.
Kind Regards
Complaints Officer
MBD
Best regards,
With reference to your query logged on the 17 November 2025.
In respect of legislation and confidentiality, we confirm having addressed you privately via the contact details provided.
The matter has been addressed and resolved amicably. Kind regardsCOMPLAINTS OFFICER
MBD
Best regards,
With reference to your query logged on the 17 November 2025.
In respect of legislation and confidentiality, we confirm having addressed you privately via the contact details provided.
The matter has been addressed and resolved amicably. Kind regardsCOMPLAINTS OFFICER
MBD
Best regards,