@thepropertyknight: #greenscreen South Africans may be battling a challenging economic environment, but many respond in a way that makes things much worse for themselves. South African banking clients have been distressed amidst sustained interest rate hikes since November 2021. However, consumers often wait too long to find a way out of their financial predicament and avoid approaching their bank. “Because consumers perceive banks as being driven solely by profit and just ‘after our money’, it is a common psychological trait for clients to shy away from approaching their bank – especially when they are facing financial difficulties or have missed a payment – because of a natural tendency to avoid a potentially distressing situation,” said Nozizwe Tshabuse, Nedbank’s Managing Executive for Client Debt Management and Recoveries. #superjules❤️ #fyp #realestate #property #southafrica #thepropertyknight #house #homecafe

The Property Knight

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Region: ZA

Friday 10 November 2023 10:16:24 GMT

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Mark :

BS, you contact a bank with an issue and the will red flag your account for any future dealings. banks are businesses and the only thing they are

2023-11-10 10:45:34

juliemoodley23 :

When you financially stable they will do anything just get into a problem than you will see the true colours of your consultants trying to help you.

2023-11-10 12:28:55

Delcy :

They shouldn't have manipulated the Rand and economy

2023-11-21 03:21:09

NICHOLAS GERMISHUIZE :

sorry disagree they push too put you deeper into debt as intrest rates are ridiculous forcing households too massively adjust accounts to stay afloat

2023-11-12 05:22:03

Chuma🇿🇦 :

ABSA and Nedbank do their best to assist. I can attest to that.

2023-11-10 11:25:29

mduduzi_mthembu :

for a loan assist of 350000 Standard Decided to finance 180000 over a 10 year term at 28% and 170000 into a home loan over an additional 10 years +2%

2023-11-18 22:37:34

Pappa G. :

during Covid when many people lost their houses and income, why did FNB claim making a record breaking profit?

2023-11-15 05:11:04

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