Benefits

• If this option is available to you, it's the best possibility
• Improved credit record
• Pay minimal arrears interest

What To Do

1. Find out what you owe by checking your latest statement. You can also request your outstanding balance by SMS or Email.
2. Using your vehicle/asset loan account number as the beneficiary reference, pay the outstanding amount into the following account:
   
    

   Please follow the instructions in the below link when wanting to make payments

    MFC Banking Details - MFC

    

Possible Drawbacks

This option is only possible if a lump sum repayment is doable

Benefits

• If this option is available to you, it's a great choice
• Improved credit record
• Pay minimal arrears interest

What To Do

1. Find out what you owe by checking your latest statement. You can also request your outstanding balance by SMS or Email.
2. Call us on 0860 879 900 and ask that your arrears payment be split over 3 months.
3. Using your vehicle/asset loan account number as the beneficiary reference, pay the outstanding amount into the following account:

Please follow the instructions in the below link when wanting to make payments

 MFC Banking Details - MFC

Possible Drawbacks

This option is only possible if it’s affordable to you

Benefits

• In most cases, this gives you time to recover financially
• Improved credit record
• Pay minimal arrears interest

What To Do

1. Find out what you owe by checking your latest statement. You can also request your outstanding balance by SMS or Email.
2. Call us on 0860 879 900 and ask that your arrears be added as an additional payment at the end of your term

Possible Drawbacks

This option is subject to your payment history and can only be approved once

Arrears interest will be more than in the case of the three-month repayment option

Terms and conditions apply and is subject to approval