Watch Out For Personal Loan Errors!

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Watch Out For Personal Loan Errors!

Andile Mpambani, from Khayelitsha, is feeling hugely relieved to keep his home after his lender had issued him with a sale of property notice all because his bond installments were paid into the wrong bank account!
He was informed that his house was to be sold on Thursday at 10am, but fortunately a bank error was cleared up before he had to clear out.
The mix up happened simply because he’d been given the wrong account number for a personal loan he had taken out, meaning that his payments had unknowingly been going to the wrong place!
The lesson: Type those numbers in carefully and keep track of your statements to make sure everything is going where it should be!!