NEDBANK WILL KICK YOU WHEN YOU DOWN

<p>i have a Nedbank Bond for Over 4 years and a Nedbank Business loan over a year and and half. Before unforeseen circumstance this year i have not missed or hada late payment. Earlier this year i bought a new vehicle through Nedbank MFC.</p> <p>As it is in live ... my mum was diagnosed with critical illness, with increasing Costs i.e medical bills and time require from myside it caused a strain on my fianances i started to fall behind. i missed a few payments to Nedbank MFC .In April things started to pick up , i made payments to MFC , in May the Debt Order went off, In June although funds where available MFC did not debit. In July a recovery advisor Mfana called. I explained that i need to amke arrnagements to pay the outstanding balance. He said NO its too late now , i have until monday , 2 full working days to settle the amount of R 15000 or i will behanded into attorney. i tried to negogiate for at least half but he refused.</p> <p> </p> <p>In the week my mum passed a away i recieved a summons from Nedbanks Attorney . i called them and tried to negogiate. they forward my offer to nedabnk who point blank refused. they demanded 80% R 26000 of my debt R 29 000 to be paid within 48 hours or they will proceed with legal proceeding. this was an impossible amount for person in my situation so i took to task and in twelve days i paid R 20 000. After much negogaiting Nedbank gave me withheld notice . Thinking that things are on the Up i agreed to make payments which i unfortunately could not keep to as i needed to pay R 9000 extra to NEDBANK BOND acc , due to the R 20 000 payment to nedbank MFCthe previous month.</p> <p> </p> <p>i called the attorney I explained that in order to pay the R 20 000 other bills were not paid.The attorney emailed me NOTICE of EXECUTION not understanding what it mean i called her and her explaination was : THIS IS A JUDGEMENT THAT WILL BE ON YOUR NAME TILL YOU PAY OFF THE CAR. Thinking that this will be fine as i will be able to clear the debt with next two weeks (thinking its balance of 29000 ).</p> <p> </p> <p>Now i have Sheriff who has a letter to attach , i called the Attorney says NEDBANK MFC wants a settlement of R 186 000 imediately or vehicle torepossed. I called the legal Department of Nedbank to negogiate and expain my situation and she just says IF YOU CANT AFFORD THIS VEHICLE WHY ARE YOU DRIVING IT"</p> <p> </p> <p>wow Nedbank do you really not care about your clients...... Is it your way or the HIGhway with your clients....these are UNforseen circumstances will you not give an long existing client a chance to get on his feet or would rather KIck him when he is down</p> <p> </p> <p>Its not about a car but I will black listed ....if im blacklisted how does my business survive ... if my business falls how do i pay my NEDBANK business loan.</p> <p> </p> <p> </p> <p>awaiting your response</p> <p> </p>