Vehicle lease payment holiday, Do you need one? Would it help you to have one?
The FCA has announced that all consumers affected by the Coronavirus emergency can apply for a temporary freeze on their payments. During this period finance companies cannot repossess vehicles and should not add charges to the contract 'in a way that is unfair'.
CONTACT YOUR FINANCIAL PROVIDERS directly, as they are NOT obliged to offer this facility pro-actively.
DO NOT simply stop making payments, as this may affect your credit rating.
If you need any help or advice, or contact numbers of your financial provider, please ask us on 01242 505051 or at email@example.com
28th of April 2020