10% of Loan

South Africa Credit Hub - also going under Wealth Wise Finance. Offer loans to South Africans. Once all document are send and loan is approved they want the lender to then have 10% in the banking account before loan can be paid out. So what they say is that they will then take the 10% and repay it back with the loan. As a way of showing that the lender is credit worthy. But none of this was made clear from the start. Can a company be trusted that first want to take money out of your account? Not so sure about that. The Company also dont proved any contact details.