National
R699 car scheme victims demand original finance applications─── 13:18 Wed, 20 Aug 2014
Port Elizabeth - Consumers around the country, who are affected by the collapse of the 699-rand car scheme, will approach their banks collectively to demand their original vehicle finance applications.
Earlier this month, the Port Elizabeth High Court heard that a class action should be brought against several banks to declare the contracts of hundreds of participants in the car scheme, null and void.
Judgement in the matter has been reserved.
Consumer activist, Simon Lapping, says they will approach Absa, Nedbank and Standard Bank to demand access to their application forms.
Lapping says the application forms he has seen, show that pertinent details were altered in order to allow the application for finance to be approved.
Algoa FM
Simon Lapping:
