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Phumudzo M

1 reviews | Active since May 2020

17 Jul 2020, 11:47

17% interest car rate

This is just a heads up to people especially when buying used cars, from the normal interest loan 9.49% Wesbank can charge you 17% like myself and not even give you a good explanation but only tell you to refer back to your signed contract like their consultant Miss. Tumelo Mokwebo said, and you still wonder why most people cant afford cars its because of such, cars are not expensive at all but only become expensive for the other nationality, Hopefully the banking ombudsman would be able to assist me on this.

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WesBank
WesBank's reply17 Jul 2020, 14:14
Official
Dear Phumudzo Makwarela,
We have received and reviewed your Hello Peter post. Our Customer Resolutions Team has logged a formal complaint which has been routed to the relevant department for investigation and resolution. 

We will be in touch with you to resolve this matter.
Regards,
WesBank Service Resolution