EDUARD L

CENTRAFIN ABUSE

My workshop signed a rental agreement with ME Systems, ceded to Centrafin. The term was for 5 years, ending October 2024. They never communicated that the term has ended, continuing to charge the same amount without any communication, based on some small wording at the back of the rental agreement. When I queried Centrafin, they said it is not their duty to inform me, and that because it is a Company with more than R2m turnover, I am not covered by The CPA act which would require them to notify me. They also charged me R446 a month for insurance which I was already covered for, the agreement read they might ask me for proof of insurance, but never did. Now they want three months cancellation, as well as threatening to blacklist my company and me individually after faithfully paying every installment for 65 months.