Saturday Star

How to avoid ending up with an inflated bank loan

financial services

AN FNB branch consultant, who inflated customers’ loan amounts –without their consent – in order to achieve a higher commission, has been barred from legally acting as a Financial Services Provider.

Derusha Govender, who was employed by FNB as a branch consultant, took umbrage at the decision to bar her from selling more financial products.

She approached the Financial Services Tribunal to have it overturned, arguing that the bank didn’t act in a way that was fair – even though she never disputed the fact that she had committed numerous acts of

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