IL
Izwe Loans
Unclaimed Business
IL
Izwe Loans
Unclaimed Business
5 Reviews (last 12 months)
Does not respond to reviews
Performance(last 12 months):
TrustIndex
0
Ranking
#69
in Financial Services
NPS Score
-100
Recommended: Unlikely
Review Distribution
1|5 Reviews
Jun '25 - May '26
5(0%)
4(0%)
3(0%)
2(0%)
1(100%)
5(0%)
4(0%)
3(0%)
2(0%)
1(100%)
Frequently Asked Questions About Izwe Loans
Izwe Loans has a TrustIndex of 0 out of 10 on Hellopeter, based on 5 reviews in the last 12 months. Hellopeter has tracked Izwe Loans across 107 total reviews. How is the TrustIndex calculated? →
Recent reviews (5)
Used this business recently? Share your experience to help others decide.
Used this business recently? Share your experience to help others decide.
Share Your ExperienceFN
Frans N
1 reviews | Active since Jan 2020
17 Nov 2025, 08:11
****
Please do not take a loan with IZWE agent Izak van der Merwe his cell number 0716483998. Paid him over R10000 and still not get the money from them. So please If you are bussy with the stop you will never get your money
Helpful (0)
|Replies (0)FN
EB
Elma B
1 reviews | Active since Jan 2020
6 Sept 2025, 12:34
*********l company and represtative
Subject: Complaint Against Izwe Loan Company and Representative Alex Susan 1. Introduction This report serves to document serious concerns regarding the conduct of Izwe Loan Company and specifically its representative, Alex Susan. 2. Details of Complaint I have never dealt with a company representative who is as dishonest as Alex Susan. She continuously requests upfront payments and fees with the assurance that a loan will follow. Despite making payments, no loan is ever issued. She makes agreements and commitments but repeatedly fails to honor them. 3. Impact I have experienced financial loss due to paying fees without receiving the promised loan. The company’s credibility and trustworthiness are in question as a result of this conduct. Such practices create the impression of *****ulent activity and exploit vulnerable clients in need of financial assistance. 4. Conclusion & Recommendation Based on these experiences, I strongly advise others to avoid Izwe Loan Company and representative Alex Susan. I also recommend that this matter be formally investigated and that appropriate action be taken to protect other potential clients.
Helpful (0)
|Replies (0)EB
Elma B
1 reviews | Active since Jan 2020
6 Sept 2025, 12:34
*********l company and represtative
Subject: Complaint Against Izwe Loan Company and Representative Alex Susan 1. Introduction This report serves to document serious concerns regarding the conduct of Izwe Loan Company and specifically its representative, Alex Susan. 2. Details of Complaint I have never dealt with a company representative who is as dishonest as Alex Susan. She continuously requests upfront payments and fees with the assurance that a loan will follow. Despite making payments, no loan is ever issued. She makes agreements and commitments but repeatedly fails to honor them. 3. Impact I have experienced financial loss due to paying fees without receiving the promised loan. The company’s credibility and trustworthiness are in question as a result of this conduct. Such practices create the impression of *****ulent activity and exploit vulnerable clients in need of financial assistance. 4. Conclusion & Recommendation Based on these experiences, I strongly advise others to avoid Izwe Loan Company and representative Alex Susan. I also recommend that this matter be formally investigated and that appropriate action be taken to protect other potential clients.
0
Replies (0)EB
Elma B
1 reviews | Active since Jan 2020
7 Aug 2025, 09:44
Shock treatment of Clients
I app**** for a loan with Iziwe Loan Company for the amount of R60,000, and the experience has been extremely disappointing. To date, I have already paid R48,000 towards this loan — and yet the loan is still not paid out to me. When I questioned the fees and asked to cancel the loan and recover my funds, I was told that I would have to pay an additional R2,500, bringing my total payments to R50,500, without receiving the full value of the loan. This is unacceptable and feels like a deliberate attempt to exploit clients financially. Furthermore, Iziwe frequently changes their phone number, which makes it extremely difficult to reach them or maintain any form of consistent communication. I also have details of the bank account and the account manager's name, which I will be reporting to the relevant authorities.
Helpful (0)
|Replies (0)EB
Elma B
1 reviews | Active since Jan 2020
7 Aug 2025, 09:44
Shock treatment of Clients
I app**** for a loan with Iziwe Loan Company for the amount of R60,000, and the experience has been extremely disappointing. To date, I have already paid R48,000 towards this loan — and yet the loan is still not paid out to me. When I questioned the fees and asked to cancel the loan and recover my funds, I was told that I would have to pay an additional R2,500, bringing my total payments to R50,500, without receiving the full value of the loan. This is unacceptable and feels like a deliberate attempt to exploit clients financially. Furthermore, Iziwe frequently changes their phone number, which makes it extremely difficult to reach them or maintain any form of consistent communication. I also have details of the bank account and the account manager's name, which I will be reporting to the relevant authorities.
0
Replies (0)LN
Lee N
1 reviews | Active since Jan 2020
10 Jul 2025, 22:13
Loan discrepancy
I am writing to formally express my deep disappointment and concern regarding my recent experience with Izwe Financial Loans. Despite numerous attempts to engage with your consultants, I have received no resolution or meaningful response to my queries. My loan application was initiated on 8 July 2025, yet I was shown a transaction allegedly dated 10 June 2025—a clear discrepancy. Throughout this process, I have been asked to pay multiple fees, including: R500 for processing and compliance R1000 for legal claiming R2000 for identification and account linking After all these payments totaling R3500, I was then asked to pay an additional R2700 for a so-called final activation fee—despite assurances that no further payments would be necessary after the initial charges. I interacted with individuals who identified themselves as Nolitha Maqashalala (also referred to as Jessica Jordan) and Raymond Bismarck, allegedly the Chief Executive Officer. Unfortunately, I have not received my loan funds, and repeated efforts to obtain a refund for the R3500 paid have been ignored. This experience has left me deeply concerned about the legitimacy of this process and the conduct of those involved.
Helpful (0)
|Replies (0)LN
Lee N
1 reviews | Active since Jan 2020
10 Jul 2025, 22:13
Loan discrepancy
I am writing to formally express my deep disappointment and concern regarding my recent experience with Izwe Financial Loans. Despite numerous attempts to engage with your consultants, I have received no resolution or meaningful response to my queries. My loan application was initiated on 8 July 2025, yet I was shown a transaction allegedly dated 10 June 2025—a clear discrepancy. Throughout this process, I have been asked to pay multiple fees, including: R500 for processing and compliance R1000 for legal claiming R2000 for identification and account linking After all these payments totaling R3500, I was then asked to pay an additional R2700 for a so-called final activation fee—despite assurances that no further payments would be necessary after the initial charges. I interacted with individuals who identified themselves as Nolitha Maqashalala (also referred to as Jessica Jordan) and Raymond Bismarck, allegedly the Chief Executive Officer. Unfortunately, I have not received my loan funds, and repeated efforts to obtain a refund for the R3500 paid have been ignored. This experience has left me deeply concerned about the legitimacy of this process and the conduct of those involved.
0
Replies (0)SA
Sameer A
1 reviews | Active since Jan 2020
7 Mar 2025, 12:08
Finance loan scsm
Unfortunately smother losn ****ming company o Facebook....said I only needed to pay one fee and I eill get my loan...I asked the agent to check again if it's only one..he/she said yes only one fee to pay and my loan would ne paid...my stupidity I paid and then they say they can't verify my bank account!!!?????
Helpful (0)
|Replies (0)SA
Sameer A
1 reviews | Active since Jan 2020
7 Mar 2025, 12:08
Finance loan scsm
Unfortunately smother losn ****ming company o Facebook....said I only needed to pay one fee and I eill get my loan...I asked the agent to check again if it's only one..he/she said yes only one fee to pay and my loan would ne paid...my stupidity I paid and then they say they can't verify my bank account!!!?????
0
Replies (0)LO
Loraine O
1 reviews | Active since Jan 2020
16 Feb 2025, 17:57
Izwe loans *********** and untrained and uneducated Members who is ****ming members of the Public.
Members who perform duties at Izwe loans is n ****. They are just demanding money for fees but neither the Manager or the assistant is capable of doing a normal bank transfer from one bank to the other. They just charge fees to have this done but can not do the normal transfer between banks. They must request assistance from other Companies to perform this function but again charge fees for their own Competance. They can not perform a normal cashsend to a Bank. They again charge fees to perform the function but is not able to do it. Members is ****ming people by just asking fees but can not perform basic financial services. They must request other Companies to assist them but offcourse want fees. Please I demand the Ceo of this Company to contact me as soon as possible so that I can recover my fees that I had to pay for Services that the Manager could not perform. It is a disgrace. Stay away from this Company. They don't know how to transfer money to your bank account but demand fees for it. The Ombudsman and National Credit Regulator SA will be contacted on 2025/02/17. I am waiting for the Ceo of this Company to please call me for the ****ming of my money and his uneducated and untrained Members and want my ****med money repaid immediately.
Helpful (0)
|Replies (0)LO
Loraine O
1 reviews | Active since Jan 2020
16 Feb 2025, 17:57
Izwe loans *********** and untrained and uneducated Members who is ****ming members of the Public.
Members who perform duties at Izwe loans is n ****. They are just demanding money for fees but neither the Manager or the assistant is capable of doing a normal bank transfer from one bank to the other. They just charge fees to have this done but can not do the normal transfer between banks. They must request assistance from other Companies to perform this function but again charge fees for their own Competance. They can not perform a normal cashsend to a Bank. They again charge fees to perform the function but is not able to do it. Members is ****ming people by just asking fees but can not perform basic financial services. They must request other Companies to assist them but offcourse want fees. Please I demand the Ceo of this Company to contact me as soon as possible so that I can recover my fees that I had to pay for Services that the Manager could not perform. It is a disgrace. Stay away from this Company. They don't know how to transfer money to your bank account but demand fees for it. The Ombudsman and National Credit Regulator SA will be contacted on 2025/02/17. I am waiting for the Ceo of this Company to please call me for the ****ming of my money and his uneducated and untrained Members and want my ****med money repaid immediately.
0
Replies (0)