ZR
Zunaid R

1 reviews | Active since Sept 2019

01 Mar 2022, 09:29

AVOID MPOWA FINANCE

Sadly service levels have gone down terribly in the industry and Mpowa finance is one of the biggest droppers. I app**** for a loan and submitted supporting documents, had my application approved and accepted the debi-check mandate by 14:30 pm on the day of application. Cash is meant to be deposited on the same day by 17:00 pm. I write this review at 9:30 am the day after, the funds have not yet been deposited, the loan already reflects on their website, I have called ***a total of 5 times consecutively: attempt one an error message was played and the call cut, attempt two connected to Capitec, rand a few times and then presented the IVR for FNB. attempt 3, 4 and 5 all reached Mpowa and each time I selected either option 1, 2 and 3 and each time as soon as I did this my call was dropped. I sent an email almost half an hour ago which has yielded no response. 45 minutes is perhaps an unrealistic SLA but the fact that their phone line is a useless waste of time and their promises are empty, I would advise against anyone using this service unless you enjoy pathetic service. DO NOT USE MPOWA FINANCE. Go to Wonga instead, they are efficient and far more reliable. THIS TIME I ABSOLUTELY GUARANTEE THAT YOU HAVE LOST A FAITHFUL CLIENT, my history with mpowa speaks for itself. I am tired of ranting and then forgetting and out of kindness being humane just to get the same disappointment time after time. I have already approached the Credit Ombudsman with this escalation, which is not my first nor even second.

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Replies (1)
Mpowa Finance
Mpowa Finance's reply02 Mar 2022, 13:56
Official
Good Day

Unfortunately we have to wait on responses from the Banks with regards to Debi Check mandates. There have been delays this past week, which has come from the banks. We to share in the frustration of the delays, as it affects us as well as clients.
With regards to your specific debi check response, by 5pm we had not received a response from the bank.
Such response was received the next morning, 1 March, which payment was then made.