Motor Finance Corporation
Bad Customer Services

Business & Finance

I had my vehicle financed by MFC, due to some financial constrains, I applied for Debt Counselling. I paid the amount prescribed by the Debt Counselling company Mzansi Debt Counselling. Suprisingly my vehicle was reposses meanwhile I was paying every month. I contacted the Debt Counselling for answers but they could only tell me that they having lots of customer complaint and I must wait indefinately. I contacted NCR, spoke to Zelda who also told me to wait as they have lots of complaints they dealing with or I must contact my lawyer. I contacted MFC only to be adviced that my DC application was terminated. Suprisingly I never recieved any notice of termination from the bank, whom I am a customer. I personally feel that none of the above-mentioned institution is taking this matter seriously while I am still paying monthly for an asset that I no longer have. MFC failed to adhere to Debt Counselling Regulation, to notify me as a customer of their decision to terminate my Debt Review contract and they cannot give me proof that they sent me the notice. This is bank service from a major bank in South Africa. Despite having engaged NCR, matter is not yet resolved.


Company: Motor Finance Corporation
Country: South Africa
City: Nelspruit
  <     >  

RELATED COMPLAINTS

Siyaya Debt Solutions
Put under debt review without my consent

Debtbusters
Disappointing and upsetting

Debtbusters
Debt counselling

Dt Debt Counselling
Debt review balances are not dropping

Schalk Boltman Attorneys
Debt counselling

Doctor Debt
No Feedback

Better Debtor
Debt counselling payment not paid over to credito

Finchoice
Incompetence

African Bank
Under Debt Counselling and still Billed

Peak Debt Counsellor
No feed back provided