The road, admin and handling fees charged by Volkswagen Financial Services South Africa on consumer credit agreements is unlawful, the National Consumer Tribunal ruled on Monday.
The tribunal found that the fees were not permitted to be charged on credit agreements by the National Credit Act.• Cease to charge consumers"on the road" admin and handling fees on credit agreements from April 10 2019 and to submit written confirmation to the NCR to this effect. • Refund all those consumer charges, fees or interest levied and submit a report by independent auditors to the NCR.
Source: Loan Digest (loandigest.net)
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VW Financial Services ordered to refund customers for illegal feesThe National Consumer Tribunal has ruled that the company charged fees in contravention of the National Credit Act kabelodick Tje banna how do we get our monies back? VusiSambo In its submission to the tribunal, Volkswagen disputed the allegation. The firm alleged that the fees were part of a separate cash purchase and sale agreement between a dealer and a customer “to which Volkswagen is not a party”. (Contract law will be argued. JustSaying ) My bank account is waiting 😊😊
Source: BDliveSA - 🏆 12. / 63 Read more »
Refunds due: VW financers' 'on the road, admin and handling fee' unlawfulThe tribunal ruled that VW Financial Services SA should cease to charge consumers 'on the road' admin and handling fees on credit agreements from April 10 2019. FordCredit too. Nxa All Dealerships charge these fees. Can we go claim refunds for this absurd on the road fees? So shud i expect a refund from my first purchase until the last car i bought from vw?
Source: TimesLIVE - 🏆 28. / 59 Read more »
Regulator orders VW to refund 'on the road' fees charged to consumers illegallyThe National Consumer Tribunal has ordered VW Financial Services SA to refund customers who were charged unlawful fees in credit agreements concluded with the company. We all know they will take this judgement on judicial review to avoid paying up. How much is this, Lord knows I need the money 😂 These charges are not standard anything from R3500 and above, it varies from one invoice to other but we don't know how was it determined.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Regulator orders VW to refund consumers charged illegallyThe National Consumer Tribunal has ordered VW Financial Services SA to refund customers who were charged unlawful fees in credit agreements concluded with the company.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
VW signs 10-year deal for lithium to be used in electric carsAs it emerges from the shadow of the ‘dieselgate’ scandal, VW aims to sell about 22-million electric cars in the coming decade to escape fines from Brussels
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VW signs 10-year deal for lithium to be used in electric carsAs it emerges from the shadow of the ‘dieselgate’ scandal, VW aims to sell about 22-million electric cars in the coming decade to escape fines from Brussels
Source: BDliveSA - 🏆 12. / 63 Read more »
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Refunds due: VW financers' 'on the road, admin and handling fee' unlawfulThe tribunal ruled that VW Financial Services SA should cease to charge consumers 'on the road' admin and handling fees on credit agreements from April 10 2019. FordCredit too. Nxa All Dealerships charge these fees. Can we go claim refunds for this absurd on the road fees? So shud i expect a refund from my first purchase until the last car i bought from vw?
Source: TimesLIVE - 🏆 28. / 59 Read more »
Regulator orders VW to refund 'on the road' fees charged to consumers illegallyThe National Consumer Tribunal has ordered VW Financial Services SA to refund customers who were charged unlawful fees in credit agreements concluded with the company. We all know they will take this judgement on judicial review to avoid paying up. How much is this, Lord knows I need the money 😂 These charges are not standard anything from R3500 and above, it varies from one invoice to other but we don't know how was it determined.
Source: SowetanLIVE - 🏆 13. / 63 Read more »