Urgent Warning About Multi Finance Loans – ***** / **** Alert

Hello,

I am writing to warn potential clients about a **** involving Multi Finance Loans.

Details of the ****:

- Individuals Involved: Mr. Michael Abbotts (073 420 9305) and Ms. Grace (078 908 5355) - Email Contact: info@multifinanceloan.co.za - NCR Registration: NCRCP10008 - Legal Registration: 2002/101003/23

I was extremely desperate for the loan for personal reasons, but they have repeatedly demanded various fees, leading to 18 transactions totaling an excessive R24,448. Despite this, they are still demanding an additional R5,000 fee. I have requested a refund of the R24,448, but they have refused.

I strongly advise potential clients to avoid engaging with this company.

Actions Taken:

1. I have filed a ***** and **** case with FNB *****, as both I and the company bank with FNB. 2. A ***** and **** case has also been lodged with SAPS:

_"Message from SAPS: Case registered on 2024-08-30 at PINELANDS Station, ref no. CAS 136/8/2024. Contact details: 021-5062022. Do NOT reply to this SMS."_

3. I will be filing a complaint with the NCR to have their business license revoked. 4. A complaint will also be lodged with the FSP for the same purpose.

No reputable company should charge such excessive fees for a R125,000 loan. Please be cautious and avoid falling victim to this ****.

Kind regards,