Incorrect instalment on the credit bureau reports

Name of Complainant Bhekithemba Joseph Caluza
Date of ComplaintAugust 23, 2023
Name(s) of companies complained against
Category of complaint Corruption
Permanent link of complaint Right click to copy link
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Text of Complaint by Bhekithemba Joseph Caluza:

The monthly instalment of R145228 for a vehicle loan with Wesbank is reflecting on my Credit Bureaus reports and when added together with other current expense cost items it sums up to a big total expense which is automatically populated on the credit application forms of the lenders and it is impacting negatively when I am applying for credit with lenders as it showing my expenses to be far too high compared to my monthly income of R22443.00. The lenders decline the credit application on bases of non affordability as a result of this.I am paying on the 1st of each month R500 on this account as per our agreement with the lender.

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Incorrect instalment on the credit bureau reports

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