Wesbank Settlement penalties - pathetic

I have never a worse experience with vehicle finance than with Wesbank.

This is the second time they have penalized me for early settlement. Even after giving notice to them in December.

I Notified them in December because I ordered a new vehicle and i had been burned by Wesbank before for not notifying.

I just called now 09/05/2023 15:50 and was told that my "notification period" had expired. and I was being charged the full penalty.

Please do not fall for their marketing gimmicks and the R100 saving on your installment. They have a system in place that will burn you when you sell guarantied.

What is even worse, is the lady I spoke to, dropped the call in my ear when i told her it was ridiculous.

Please use other credit providers. even if it cost a little more monthly, you will thank yourself down the road.