I dont want the money!

I've app**** for a Personal Loan on Tuesday 25 June, there was a delay in processing it because of them not being able to get through to my HR dept. On Thursday 27 June (morning) i email the consultant to say I want the application cancelled because my husband got the finance we needed. Not long after emailing my cancellation i get the sms saying my loan is approved and will be paid into my account. I forward the sms to the consultant and she calls to say there's nothing she can do, but i can pay the money back including the INITIATION FEE of R1200!!!. I call Head Office to say the money is not in my bank account yet and surely they could then either reverse or stop the payment. NO ONE can help me --- WHY should i be charged a fee when i dont even have the money yet! So now this is being prolonged in order for them to clear the funds and charge me?????