Nedbank
MFC - Settle TWO cars or we won't finance ONE!!!

I am a current customer of MFC. I have two finance agreements with them. Car No.1 - commenced on 2010/02/26 - R2923.57 p/m. Car No. 2 - finance commenced on 2011/04/21 - R2225.39 p/m. I am now wanting to purchase a new vehicle and settle Car No. 1 and they come back with the answer that they will only finance the new deal if I settle BOTH cars. Bear in mind both of these accounts have been running concurrently, are up to date and I have never missed a payment on either one. I have also financed and settled a vehicle previously with MFC. I am totally and utterly disgusted and don't find this ACCEPTABLE. I have many more financing years ahead of me and because of the PRINCIPLE of this - I will NEVER FINANCE A CAR THROUGH MFC again.

Company: Nedbank
Country: South Africa
City: Head Office

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