SP
Stephanie P

1 reviews | Active since Aug 2014

27 Jan 2016, 14:31

Proof of address for loan approval

I am appauled at the service I am receiving from Wesbank Cashpower. I was offered a loan and proceeded with the loan application. The loan was approved however they refuse to release the funds to me as my proof of residence is not accepted. I purchased a property which was only registered and transferred in December.<br> <br> I am not able to produce a rates/utilities bill from City of Johannesburg as the name change takes 6-8 weeks from date of registration. One consultant had the nerve to tell me that we all have day jobs and I must go to the municipality to request an affidavit???<br> <br> I have no retail accounts in my name. I produced a legal letter from the conveyancing attorneys confirming registration and transfer to my name with an offer to purchase stipulating that I am paying occupational rent since October 2015 and both these documents were rejected. These are legal documents. I cannot understand why this has become such a nightmare to conclude.<br> <br>

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Replies (1)
WesBank
WesBank's reply28 Jan 2016, 08:17
Official
Hello Stephdpillay,

Thank you for your concerns highlighted affording us the opportunity to intervene.

A WesBank representative has been in contact with you regarding your personal loan query and will remain in contact with you until the matter is resolved.

The matter has been logged with the Cash Power Customer Relationship team and we trust that feedback will be provided soon.