Nedbank
Committment and loyalty to Client

I have been a Nedbank client in excess of 18 years, with currently three property bonds, with total retail property value of 4 million, owing in exces 1 million. I recently applied for additional funding of R200K via.my bond/s, to assist my youngster with his study cost, only to be informed that due to the Nedbank lending criteria, I won't qualify for the additional funding. Disappointing as this was; it must be noted that I have been a loyal client with Nedbank in excess of 18 years, with a professional qualification, no credit records nor criminal records to date.
In the light of the above, I approached two other financial institutions for funding, and to my surprise, the funding was approved respectively. I have since engaged with the consultant of the respective financial institution, to facilitate a total review my financial portfolio, so I could consider my options, and if need be, a possible switch for the future.
There are financial institutions out there that will assist their clients, due to the long standing relationship, they will also go the extra mile to make things happen, I guess in my case, commitment and relationship blinded me, until I was placed in a situation

Company: Nedbank
Country: South Africa
City: Home Loans

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