uM
unathi M

1 reviews | Active since Apr 2011

19 Aug 2016, 13:43

REFUSE TO FINANCE ME - EVEN AFTER A SETTLEMENT LETTER - THOUGH I QUALIFY

<p>I am an FNB client, i am currently in the market for a car; went to Mecerdez Tzannen and the dealership process un application for vehicle financing and it was rejected due to a judgement against my name. I contacted the said service provider and settled the account in full. They gave me a settlement letter, which according to wesbank when i phoned their contact centre was going to be sufficient for them to proceed with the deal. The finance lady at the dealership say they always promise clients to consider and that a motivation is enough but they always decline. It will take months before the info can be updated at ITC, why are we treated this way. I mean, i was retreached, i lost my job which is why i could not pay. And i expect my bank to be on my side and support me on this. Affordability is not an issue in this regard and by the virtue of me settling the account, that should be enough. I was told it will be considered and that i needed to produce that, but now???</p> <p>Please have a look at your values, policies around this and most of all common sense. I i paid today the debt is settled, for the bank to say they want the ITC update that is when they will believe me, is rediculous.</p>

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Replies (2)
uM
unathi M's update22 Aug 2016, 14:45
Reviewer Update

I am not sure what is`t on my compalin that is not clear. I have paid the said outstanding debt which was preventing Wesbank to fund me and now i want my application to be processed. I have the letter of settlement and i settled this account because your credit asses*****t department told me that, that`s all i needed to do.

WesBank
WesBank's reply23 Aug 2016, 17:52
Official

Good day

Thank you for raising your concerns regarding your application for vehicle finance.

We have contacted your and provided a detailed explanation as to why we are unable to assist you with your request at this point.

We sincerely hope that you're able to rectify the situation and when you have, that you will choose WesBank as your choice of finance house.

We trust that our efforts have restored your faith in WesBank.

Yours in Service,

WesBank