I am an ABSA client. I have a personal loan and my car is financed by ABSA. I applied for a 100% home loan but the bank is giving me 85%, forcing me to take a another personal loan. I found this absurd considering that I have been with ABSA for more than 10 years and what do I get for my loyalty, this kind of bad service. Secured lending should not be this difficult because the bank can always regain whatever investment they have on me.
My cash flow will be highly affected should I opt for the 85% percent they are offering plus the personal loan. I was under the impression that ABSA will help me when I am in need, seeing that I have been loyal to them but it seems I was wrong. Please, if there is anything you can do I will appreciate it.
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