Motor Finance Corporation
Initial finance charges

I received my latest statement from MFC and it has initial finance charges of R13 753, 64 which have made my balance to go up. What are the finance charges for and why should I be liable for them? It is MFC that took a business decision to migrate to Nedbank. Does it mean that next time that they migrate I am going to incur these charges again? This goes to show that it is blatant from their side.

Company: Motor Finance Corporation
Country: South Africa
City: Middelburg

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