1 reviews | Active since Aug 2016
MFC will bend backwards to accommodate potential clients
You can always depend on MFC for vehicle finance. They were willing to assist us with financing although my Credit Score reflected that my ABSA Home Loan account showed overdue at the Credit Bereau. This was due to a mistake ABSA made - the Home Loan account was NEVER in arrears. ABSA admitted to their mistake but still even rejected our application for financing due to my poorly reflecting Credit Record that THEY were liable for. Which is REDICULOUS!
Only after the mistake was corrected and the Credit Bereau reports were updated and the correct scores reflected on my Credit Record did ABSA come back with an offer. Ridiculous AGAIN!
So MFC was willing to counter ABSA's interest rate. I assume only after ABSA realised they owe me a better interest rate for their business mistake they were liable for. Only then they came back with a more realistic interested rate. Just slightly better than MFC.
MFC, please come back with an even better interest rate. I don't want to be forced to take ABSA's offer🙏 I want to take all my banking profiles to other banks. I'm sick and tired of ABSA's poor client service.
My husband has dealt with MFC. A previously owned car was financed by MFC and according to him, of all the car financing options, MFC has given the best client service. Other banks will penalise a client if they pay more than the monthly installment. According to him, MFC has been the only bank that allowed him to do so, without any penalties.
