Absolutely ******* as to why you declined our application but say we can reapply with a smaller bond.

So we have been receiving sms about buying a second house from Nedbank. So we go and find one. Gave us a pre approval. Submitted all.our documents tax stuff. Now they come back with a decline and the reasons been:

"Debt exposure What you can do We consider your debt exposure when assessing your application. Based on your current debt exposure, you may not be able to make the repayments. Therefore, we cannot approve your application. Reduce your contractual debt (personal loans, credit cards, vehicle finance, student loans and revolving credit). Once you have done this, you are welcome to resubmit your application for consideration"

Such ******* we don't have huge debt one bond which almost clear and a vehicle on finance also with a low amount credit cards that has a positive balance. So what are they taking about. The current bond is with them and if they look they should see that is low.

Don't play with people and tell them to apply for things only to disapoint us with *******. Show us how you say we are over indebted if that's you reason.