MFCheating

I was very happy when they helped finance my car. However, I noticed from their statements that the original loan amount was marked up. On the 03/09/2019 Mr Du Toit promised to respond to my query about this in due course. I sent him a reminder two weeks later, I’ve yet to hear from him again.

I’m unhappy with how my request for a residual payment was handled. It seems to me that a different repayment plan was instituted instead of what I requested. In either case, I end up at the receiving end of higher interest charges.

I need for the FSP to send me a breakdown of each transaction. Explain why the main balance was R164 000 in August 2016 instead of the amount of R160 967 that’s in the contract, explain the residual addition procedure and how it was handled.

Mr Du Toit, stop denying and provide details of the transactions.