Nedbank
Nepotism over who gets approved

I recently applied for a home with Nedbank, Which has been my bank for the past 10 years now. The house i wanted to purchase was R640K. Ned bank approved me for 90% on joint bond with my parents and yet requested i pay an interest rate of 10.65%

The current state interest rate is 8.5% but this bank wants to reap me off. My agent told me that 1 of the reason might be that I am security risk which i dont understand, I was never on credit bureau or missed my payments.

My white friend was approved for the same price with 90% and we are on the same salary scale.

How was my score judged???

Company: Nedbank
Country: South Africa
City: South Africa

  <     >