IC
Irie C

1 reviews | Active since Aug 2018

17 Apr 2020, 09:16

MFC Takes advantage of COVID-19

Looks like finance houses are scoring from Covid-19. Offering relief that's highly appreciated as a self employed person. I have a little 200k car. They paused my bebit order for 2 months as relief for Covid-19 I'll say again HIGHLY APPRECIATED. But then knocked me an Additional R4000 interest on my deal. That's like what my installment amounts to for a month. Take into account if they ******* R4000 from 100 people . Its R400 000.00 they pocket. Theres Many financed motor vehicles on the road that's just for a hundred. I'm reporting this to the authorities as well!. It's an illusion of relief you will still pay

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Replies (2)
IC
Irie C's update17 Apr 2020, 11:34
Reviewer Update
MFC capitalizing on Covid-19. By offering me 2 months relief and then charging me an additional R4000 on my finance. I'm reporting this to the authorities as well. This should not be a time for companies to take advantage from their loyal customers. We are all in this together. I would of maybe accepted paying an additional R1500 maybe but not R4000. That's the cost of my installment per month
Motor Finance Corporation
Motor Finance Corporation's reply17 Apr 2020, 22:11
Official
Dear Irie Coe

We acknowledge receipt of your complaint.

You will be contacted to have your complaint addressed.

Kind Regards
Client Value Management