KB
Keith B

1 reviews | Active since Apr 2012

24 Oct 2017, 11:40

Misleading Wesbank Leisure Finance Website

Registered an online for Wesbank Leisure finance for mid range bicycle. Site stipulates apply online without hassle. It seems it's not possible to deal directly with Wesbank but rather the need to use Yonda, a 3rd party service, provider that takes 10% from the bike store or alternately can add 10% onto the finance request to cover this. How is this even allowed by First Rand?

This just doesn't seem legitimate. Nowhere on the Wesbank Leisure finance site does it mention the bicycle finance must be done via Yonda. On the Yonda site there is no mention of a required 10% commision to be charged to the bike store or the customer would need to cover this.

Why would Wesbank subject customers to this when they will be earning interest on the financed amount and their is 0 benefit? It seems there will probably be no deal as there as Wesbank insist on using Yonda.

Really not happy with this from a reputable financial institution.

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