MF
MCG Finance
Unclaimed Business
MF
MCG Finance
Unclaimed Business
0 Reviews (last 12 months)
Does not respond to reviews
Performance(last 12 months):
Ranked In Financial Services
#69NPS Score
0Unlikely
Ranking
#69
in Financial Services
NPS Score
0
Recommended: Unlikely
Recent reviews (0)
Used this business recently? Share your experience to help others decide.
Used this business recently? Share your experience to help others decide.
Share Your ExperienceMP
Moonsammy P
1 reviews | Active since Jan 2020
7 May 2024, 09:28
BE VERY SURE BEFORE MAKING APPLICATION
Most people writing negative review here are you really sure you app**** from the same company we did our own application? Because the application i did i didn't experience any difficulty. You have to be very sure before you make any application as there are many false company out there. I made an application of R200 000.00 it was approved and I was only asked to initialize the loan that was all i did and my loan was paid through to my nominated Bank account. For clarity if their telephone number is not +27 875103009 or +27 837770048 and registration number is not 2005/053837/23. Please it means you are dealing with the wrong people. Because i truly believe that people that has been complaining here has truly made application from the wrong company you can also see that there are other positive review here which means they also got their loan. If you don't want to be ****med please make sure you verify first before making any mistake.
Helpful (0)
|Replies (0)MP
Moonsammy P
1 reviews | Active since Jan 2020
7 May 2024, 09:28
BE VERY SURE BEFORE MAKING APPLICATION
Most people writing negative review here are you really sure you app**** from the same company we did our own application? Because the application i did i didn't experience any difficulty. You have to be very sure before you make any application as there are many false company out there. I made an application of R200 000.00 it was approved and I was only asked to initialize the loan that was all i did and my loan was paid through to my nominated Bank account. For clarity if their telephone number is not +27 875103009 or +27 837770048 and registration number is not 2005/053837/23. Please it means you are dealing with the wrong people. Because i truly believe that people that has been complaining here has truly made application from the wrong company you can also see that there are other positive review here which means they also got their loan. If you don't want to be ****med please make sure you verify first before making any mistake.
0
Replies (0)KS
Kyla S
1 reviews | Active since Jan 2020
2 May 2024, 10:20
MCG Finance
MCG Finance is not be trusted. I have app**** for a loan last month and was told to make various payments. I picked up the 1st mistake when there were spelling in their contracts sent to me. But gave them the benefit of the doubt. After making the 2nd payment, Nelson Edwards promised me that this will be last payment after the payment, the financial department will release my funds the next morning. The next day arrived I received another letter for bank transaction codes that needs to paid i immediately started asking questions and asked that my loan application be cancelled since i cant afford another payment. I even called their office where i spoke to a lady expressing my concerns and was told to just make a payment, where i told her i could not afford anymore payments. I came on here only to realised that Nelson Edwards was the manager of this company where he told that "he spoke to his manager and he refused to help me without making another payment" i have taken screenshots as proof. Anyone on here let me tell you, the contracts they send you are null and void. A contract cant have any mistakes on it, otherwise it not binding. After making the 1st payment, he told me the funds would be release into my account and that they don't deviate from the contract stipulations. I have asked him to refund my money I was told he is not allowed to do that and to "just make the payment mam". I have asked him to refund half my amount multiple times I have yet to hear from him. Can I lay a complaint to the NCR this company? They should not be closed down. I have dealt with a lot of loan companies, but MCG Finance I would not advise. If there is anyone on here who is willing to help me, please. Losing R7000 is SA economy is not for faint hearted. I REPEAT DO NOT APPLY FOR A LOAN AT MCG FINANCE. If there is anyone on here who can tell me they actually received the funds they requested and made payments, how many payments you made, please let me know.
Helpful (0)
|Replies (0)KS
Kyla S
1 reviews | Active since Jan 2020
2 May 2024, 10:20
MCG Finance
MCG Finance is not be trusted. I have app**** for a loan last month and was told to make various payments. I picked up the 1st mistake when there were spelling in their contracts sent to me. But gave them the benefit of the doubt. After making the 2nd payment, Nelson Edwards promised me that this will be last payment after the payment, the financial department will release my funds the next morning. The next day arrived I received another letter for bank transaction codes that needs to paid i immediately started asking questions and asked that my loan application be cancelled since i cant afford another payment. I even called their office where i spoke to a lady expressing my concerns and was told to just make a payment, where i told her i could not afford anymore payments. I came on here only to realised that Nelson Edwards was the manager of this company where he told that "he spoke to his manager and he refused to help me without making another payment" i have taken screenshots as proof. Anyone on here let me tell you, the contracts they send you are null and void. A contract cant have any mistakes on it, otherwise it not binding. After making the 1st payment, he told me the funds would be release into my account and that they don't deviate from the contract stipulations. I have asked him to refund my money I was told he is not allowed to do that and to "just make the payment mam". I have asked him to refund half my amount multiple times I have yet to hear from him. Can I lay a complaint to the NCR this company? They should not be closed down. I have dealt with a lot of loan companies, but MCG Finance I would not advise. If there is anyone on here who is willing to help me, please. Losing R7000 is SA economy is not for faint hearted. I REPEAT DO NOT APPLY FOR A LOAN AT MCG FINANCE. If there is anyone on here who can tell me they actually received the funds they requested and made payments, how many payments you made, please let me know.
0
Replies (0)JZ
Johannes Z
1 reviews | Active since Jan 2020
2 May 2024, 08:47
Satisfactory Service
All thanks to mcg finance for their assistance i'm very impressed on the service five star all the way, Mcg finance is a recommended company i promise you won't regret doing business with them.
Helpful (0)
|Replies (0)JZ
Johannes Z
1 reviews | Active since Jan 2020
2 May 2024, 08:47
Satisfactory Service
All thanks to mcg finance for their assistance i'm very impressed on the service five star all the way, Mcg finance is a recommended company i promise you won't regret doing business with them.
0
Replies (0)YH
Yushra H
1 reviews | Active since Jan 2020
1 May 2024, 05:47
Stay Away!!
<div>I applied for a loan and got approved, i was asked to pay R2499.00 for legal fees to have my 100k paid to my account, i made the payment and was asked for an additional R3700 to release the loan. i explained that i am unable to make the additional R3700 and I would like my money refunded. I was then told by +++++ (the manager) that they are unable to refund me I need to make the additional payment of R3700 because the loan is in the "final stage" I am now being ignored and unable to make contact. Please stay away from this people!!!</div>
Helpful (0)
|Replies (0)YH
Yushra H
1 reviews | Active since Jan 2020
1 May 2024, 05:47
Stay Away!!
<div>I applied for a loan and got approved, i was asked to pay R2499.00 for legal fees to have my 100k paid to my account, i made the payment and was asked for an additional R3700 to release the loan. i explained that i am unable to make the additional R3700 and I would like my money refunded. I was then told by +++++ (the manager) that they are unable to refund me I need to make the additional payment of R3700 because the loan is in the "final stage" I am now being ignored and unable to make contact. Please stay away from this people!!!</div>
0
Replies (0)DN
Donovan Nash-Beresford
1 reviews | Active since Jan 2020
15 Apr 2024, 09:19
Disappointement
Extremely misleading company. At no point in the application process, on their website or the apparent "loan" approval do they mention a contract fee. This practise is highly *******. I doubt whether the testimonials on their website are true Be careful of these guys
Helpful (0)
|Replies (0)DN
Donovan Nash-Beresford
1 reviews | Active since Jan 2020
15 Apr 2024, 09:19
Disappointement
Extremely misleading company. At no point in the application process, on their website or the apparent "loan" approval do they mention a contract fee. This practise is highly *******. I doubt whether the testimonials on their website are true Be careful of these guys
0
Replies (0)IS
Irfaan S
1 reviews | Active since Jan 2020
12 Apr 2024, 15:10
Warning: Beware of Deceptive Practices by MCG Finance (PTY) LTD
It is with great dismay that I must recount my harrowing experience with MCG Finance (PTY) LTD, a company from which I sought a loan of R1,500,000. What initially seemed like a straightforward financial transaction quickly devolved into a nightmarish ordeal fraught with deception and ******ion. From the outset, I repeatedly requested MCG Finance to disclose their Financial Services Provider (FSP) Registration Number, a mandatory requirement for lending institutions. Despite my insistence, they evaded the issue, refusing to provide this vital piece of information. This blatant disregard for regulatory transparency should raise significant alarm bells for any prospective client. Moreover, MCG Finance's promise of no upfront fees was promptly shattered once I signed the agreement. Abruptly, they demanded an exorbitant sum of R5,499, citing dubious reasons for this sudden imposition. Reluctantly, I acquiesced to their demands and transferred the funds into their Capitec Account, only to be met with further demands for additional payments. The insidious demands continued unabated, with MCG Finance insisting on an additional R9,799.00 as a purported "service charge" for clearance purposes. After protracted negotiations and relentless pressure, they begrudgingly reduced the amount to R3,000, coercing me into yet another payment. Subsequently, they callously demanded an additional R1,500, further exacerbating the financial strain. Despite complying with their ever-escalating demands, MCG Finance callously reneged on their promises, withholding both the promised loan amount of R1,500,000 and the refunds owed to me. Their ********* tactics and wanton disregard for ethical conduct are nothing short of reprehensible. I implore all prospective loan applicants to exercise utmost caution when dealing with MCG Finance (PTY) LTD. Their lack of transparency, ********* practices, and apparent absence of an FSP Registration Number serve as glaring indicators of their ************ nature. Let my ordeal serve as a cautionary tale, and may others be spared the anguish and financial ruin that I have endured at the hands of these ********* ****mers.
Helpful (0)
|Replies (0)IS
Irfaan S
1 reviews | Active since Jan 2020
12 Apr 2024, 15:10
Warning: Beware of Deceptive Practices by MCG Finance (PTY) LTD
It is with great dismay that I must recount my harrowing experience with MCG Finance (PTY) LTD, a company from which I sought a loan of R1,500,000. What initially seemed like a straightforward financial transaction quickly devolved into a nightmarish ordeal fraught with deception and ******ion. From the outset, I repeatedly requested MCG Finance to disclose their Financial Services Provider (FSP) Registration Number, a mandatory requirement for lending institutions. Despite my insistence, they evaded the issue, refusing to provide this vital piece of information. This blatant disregard for regulatory transparency should raise significant alarm bells for any prospective client. Moreover, MCG Finance's promise of no upfront fees was promptly shattered once I signed the agreement. Abruptly, they demanded an exorbitant sum of R5,499, citing dubious reasons for this sudden imposition. Reluctantly, I acquiesced to their demands and transferred the funds into their Capitec Account, only to be met with further demands for additional payments. The insidious demands continued unabated, with MCG Finance insisting on an additional R9,799.00 as a purported "service charge" for clearance purposes. After protracted negotiations and relentless pressure, they begrudgingly reduced the amount to R3,000, coercing me into yet another payment. Subsequently, they callously demanded an additional R1,500, further exacerbating the financial strain. Despite complying with their ever-escalating demands, MCG Finance callously reneged on their promises, withholding both the promised loan amount of R1,500,000 and the refunds owed to me. Their ********* tactics and wanton disregard for ethical conduct are nothing short of reprehensible. I implore all prospective loan applicants to exercise utmost caution when dealing with MCG Finance (PTY) LTD. Their lack of transparency, ********* practices, and apparent absence of an FSP Registration Number serve as glaring indicators of their ************ nature. Let my ordeal serve as a cautionary tale, and may others be spared the anguish and financial ruin that I have endured at the hands of these ********* ****mers.
0
Replies (0)GK
Gavin K
1 reviews | Active since Jan 2020
13 Mar 2024, 05:25
MCG FINANCE IS A ****
Dont trust These guys, they say you approved but require a deposit to payout your loan. As soon as you pay the deposit, they say they require more deposits of money. as soon as requested to cancel the transaction you don't hear a word from them and is difficult to get hold of them. they quick to answer when getting money from you but paying your deposit back they don't communicate back.
Helpful (0)
|Replies (0)GK
Gavin K
1 reviews | Active since Jan 2020
13 Mar 2024, 05:25
MCG FINANCE IS A ****
Dont trust These guys, they say you approved but require a deposit to payout your loan. As soon as you pay the deposit, they say they require more deposits of money. as soon as requested to cancel the transaction you don't hear a word from them and is difficult to get hold of them. they quick to answer when getting money from you but paying your deposit back they don't communicate back.
0
Replies (0)