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Consumers in the Eastern Cape and around the country, who are affected by the collapse of the R699 car scheme, will approach their banks collectively to demand their original vehicle finance applications.
Earlier this month, the Port Elizabeth High Court heard that a class action should be brought against several banks to declare the contracts of hundred of participants in the car scheme, null and void.
Judgement in the matter has been reserved.
The court action follows the collapse of the agreement between Hong Kong based, Blue Lakes and the local Satinsky Group, which marketed the subsidised scheme in South Africa.
Consumer Activist, Simon Lapping, says consumers from Port Elizabeth and East London will approach Absa, Nedbank and Standard Bank to demand access to their application forms.
Lapping says a number of consumers were previously denied access to details of the loan process for reasons unknown to them.
"On Saturday the 30th August they will be going to the banks and they will be demanding their right under the "access to information act" for a copy of the regional application form whereby their bank loan was approved on. The reason we are doing this is because the banks have decided to start stalling this process with some banks refusing to hand over applications."
Lapping added that the application forms he had seen, shows that pertinent details were altered in order to allow the application for finance to be approved.
"When I started getting some of these applications forms it became very clear to me that a lot of the information on the application forms were altered. I went to go see ABSA Bank and Motor Vehicle Finance at the time about these discrepancies. In our meetings there was nobody to tell me how information was verified." he added
