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R699 customers to visit banks

───   15:47 Wed, 20 Aug 2014

R699 customers to visit banks | News Article

Bloemfontein - South Africans who have been affected by the collapse of the R699 car scheme are planning to visit banks to request the original motor financing application forms.

The reason for this, they say, is because they believe information provided on these forms about their income and expenses have been falsified, in order to make them more eligible to be granted financing by the banks.

On August 30, Bloemfontein residents will visit the Nedbank offices in Charles Street. Lana Nel says this should not be viewed as a protest or march, but rather as just a friendly visit to the bank manager.

Satinsky, the company in the middle of the scandal, applied for financing on behalf of the clients.

The mass action was planned by the Facebook group: I have been done in by ‘Drive a new car for R699 per month’.
 
The company paid customers for the amount of kilometres they drove per month with advertising stickers of this deal placed on their cars. The clients say the company stopped reimbursing them for the amount of kilometres they drove with their cars about two months ago.
 
Many have since removed the stickers from their cars.
 
Duane Petrus/OFM News





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