CL
Chilufya L

1 reviews | Active since May 2012

27 Jul 2019, 06:40

Nedbank building loan

If I could have a zero star option I would use it. I have a building loan with Nedbank and it seems I must be the first person ever to have one because it does not seem like anyone there knows how to administer it. Firstly, the information given to me on how the disbur*****ts happen was completely wrong. And as a result I am basically self financing my build. The checklist Nedbank uses for progress is also so outdated and not representative of current day building costs.

This is not even my actual issue. My actual issue is that for the SECOND month running, Nedbank has debited my account based on the full home loan even though I have only accessed 15% of the building loan.The irony of not wanting to pay out on disbur*****ts but debiting my account on the full loan is infuriating. I am reporting this to the NCR and financial services ombudsman. It seems the first time this happened and I gave Nedbank the benefit of the doubt is coming back to bite me.

0
Replies (3)
Nedbank
Nedbank's reply27 Jul 2019, 08:36
Official
Dear Chilufya

An investigation will be done and a resolution manager will contact you to assist with this matter. 

Regards 
Client service support 
CL
Chilufya L's update27 Jul 2019, 08:40
Reviewer Update
What will you be investigating exactly? This is the 2nd time. An investigation was done the first time. This is now *****. You cannot debit me on money I don't owe you. What happens to the costs I am incurring now because you took my money?
Nedbank
Nedbank's reply27 Jul 2019, 10:18
Official
Dear Chilufya,

Your comments are noted and we will be in touch to discuss further.

Regards 
Client service support