- Jun 23, 2020
Yes same here, earlier in the year, I requested that they re-evaluate this said it would take 2 days to process by the risk department then it goes back to the credit department to draw up an new offer so +-3-4days, and that's not even guaranteeing that the outcome would be differentSo we got accepted by 4 banks, on a bond.
Absa and FNB had the best rates.
Was going to go with FNB because I bank with them but then they had a clause that it's subject to their Life Insurance, covering myself and my partner for the full bond amount, total and extra R1500 per month.
Annoyed me senseless as they the only bank that forced this.
Anyone else have this problem with FNB and their huge life cover on a bond application?