Nedbank
Nedbank Loan constantly declined

Hi,
I'm VERY UNHAPPY AND DISSATISFIED with Nedbank. I've been a Client with them for VERY LONG NOW. Yesterday I applied for a loan to consolidate my debt. ONCE AGAIN it was declined! REASON BEING ONCE AGAIN: I'm over-indebted! So tell me WHAT IS THE PURPOSE OF A CONSOLIDATION LOAN???
You apply for such a loan to place you in a better situation which mean that you are not over-indebted and can save money every month. I made my calculations. If the loan I was initially pre-approved for, was to go through and the consolidation was done, I was to save - R2 000.00 in a month. I think the people working with these type of calculations are not competent. What really upsets me is that for so long I've been a loyal Client and I've NEVER MISSED any of my payments. There is always a constant flow of money through my Bank Account. I will not in the future recommend this Bank to anyone. I will also start to search for other Banks / Institutions where I can take my Business to.
Thanks,
Rita

Company: Nedbank
Country: South Africa
City: Centurion Lifestyle

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