MP
Mokgalo P

1 reviews | Active since Aug 2016

02 Aug 2016, 11:28

Nedbank is Pure *****

<p>Bought a house in a new development through Nedbank loan. The house is not complete and for the past five months they have been debiting what they call "interest" which apparently is for builders as they go on with the project, I suspect that they colluded with the builders so that they milk us dry because you cannot build a 60 sqm house for six months, not possible. the sad part is that i was told by one of their consultant that the money is NOT PART of the bond. This means I am donating money that I dont have to a rich bank. This is clearly ********, their explaination is flawed! they claim they are managing the risk, what about my risk of buying something i havent seen? Nedbank is the most evil bank ever!!!</p>

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Replies (2)
Nedbank
Nedbank's reply02 Aug 2016, 11:39
Official

Dear Mokgalo,

We at Nedbank value you and take your concerns to heart. An investigation will be conducted soon and a resolution manager will be in touch.

Kind regards

Client Experience Team

MP
Mokgalo P's update04 Aug 2016, 07:26
Reviewer Update

Nedbank Contacted me and now the issue has been properly explained and I am a happy client!