wesbank

  1. J

    Wesbank escalation woes

    Good day Has anyone been seeing "escalation" amounts on their Wesbank accounts after each prime lending rate increase? If so, does anyone know how this is calculated? The amounts being charged on my account seem a little excessive, but it could also be that I just don't understand the...
  2. Jan

    Competition Commission recommends Wesbank and Toyota Financial Services be fined for collusion

    Wesbank and Toyota Financial Services facing fines for alleged car loan collusion The Competition Commission has referred FirstRand Bank Limited (FirstRand), Wesbank, and Toyota Financial Services South Africa (TFS) to the Competition Tribunal for prosecution on allegations of dividing the...
  3. T

    Navigating car finance and avoiding dealer tactics?

    Having been taken for a ride when financing my current car a couple of years ago (dealer arranged the finance for me), I'm determined not to get taken for a ride this time around as I'm contemplating my next car (different dealership). Problem is, there's so little information out there on the...
  4. Puk

    Dealer threatening to rescind purchase after car trade-in

    Hi guys, Buying something expensive (like a car) is always stressful. I drove a Jeep with a 2.4L engine and it was starting to cost me way to much to maintain (services, high fuel consumption etc.). So, of Friday, I traded it in for a Toyota Etios. This morning, the dealer phones (very...
  5. scienide

    Wesbank - final installment date change?

    So... In April I logged onto my wesbank account and check to make sure the wife's car is finished at end of October 2016. (so can start looking for new car for myself) As per pic below, all was correct! (even did screenshot and emailed to wife) Log on today and now it has changed! WTF??
  6. B

    Monthly NCA service fees change notification

    I received the following notice from Wesbank. I was wondering how legal this is seeing as I agreed to the initial service fee in the finance contract? Is this fee going to the financier or the NCR? I have not tried to find my copy of the original contract yet but it was a standard contract.
  7. J

    Relocating, what to do w.r.t vehicle licence

    I will be relocating to the Eastern Cape from the Western Cape soon. My car is currently licensed in the Western Cape with a CA number plate. The vehicle is being financed through Wesbank which means that they are in possession of the certificate of registration showing Wesbank as the title...
  8. J

    New Car Insurance Options

    I am planning on buying a new car in the next few months and I am busy trying to understand the different finance and insurance options available. Wesbank has many different options such as Coverplus and Return To Invoice to name a few, however, I'm not sure which of the options I need to...
  9. jes

    SA banks use spy cameras to repossess cars

    SA banks use spy cameras to repossess cars Hundreds of cars are being repossessed by bank agents who drive around in unmarked cars with number plate recognition cameras mounted on top
  10. C

    Car repayments. Wait to settle or pay in?

    I got my first car through Wesbank this year. I am able to put extra in each month, or to save for a few months and settle it completely. I was wondering- which is is the better route to go, or doesn't it really matter as in the end it will be paid off at roughly the same time? Thanks :)
  11. genetic

    Wesbank Finance

    So I applied for private vehicle finance through Wesbank online, but after doing some reading on MyBB and the web - I see a lot of complaints about Wesbank and their eagerness to decline finance. How long does it take to get feedback from them after you apply online? Can I apply at MFC as...
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