1 reviews | Active since Oct 2020
MFC - COVID sensitive!!!! yeah right!!!!
I work in the aviation industry that has been virtually destroyed by the adverse economic effects from COVID 19 a WORLDWIDE epidemic. This resulted in my income being cut by 80% with the result that I was unable to pay for the vehicle that is financed by MFC. All letters and proof from my employer was sent to MFC when this occurred. Such letters showed projected income back to 100% of my income by June 2021. My request to MFC was for a payment holiday or reduced payment, on a TEMPORARY basis. ALL my other creditors contacted me, and a resolution was put in place. EXCEPT..... you have guessed it! M F C!!! This week I get a call from a repossession agent that has been instructed to repossess the vehicle. So, I contact MFC and speak to the lady that advises me that she has nothing to add from MFC and that I must now deal with the repossession agent. Accordingly, I am told that I have two choices, pay the full settlement amount or give back the asset. MFC have absolutely no sympathy nor patience with people that have been hit hard by the WORLDWIDE Pandemic. Their lack of respect towards their creditors is far worse than even WESBANK (That is also not to bothered). Let’s face it if you want finance for anything go to ABSA as they are willing to help you through these difficult times. But, MFC will never see me, my family not my friends ever again. I have only one word for them..........!
