Nedbank Personal Loan Sharks

I app**** online for a Nedbank personal loan for R7,500, which was approved instantly. The next morning I discovered that they had deposited R50,000 into my account. I contacted the Personal Loans department immediately to alert them to their error and was given instructions of how to return the money, which I did within 5 minutes.

I received an e-mail later to inform me that I would still be liable for the initiation fee for the full loan even though the error was theirs - and I didn't even receive the loan amount that I had originally requested!