Ford Car Payment Relief | Ford Dealership Wellington, OH

Lenders and Auto Loan Relief Programs

Regardless of how well you manage your finances and prepare for a rainy day, the unfortunate reality is that there may be at least a few times during your life when you have trouble making ends meet. At our Ford dealership, we want to help you understand the many options available for managing your car payment at this time in your life.

Ford Motor Credit

Many of our customers take advantage of the excellent loan terms available through Ford Motor Credit when buying their vehicles. Ford Motor Credit may offer temporary financial relief to customers on a case-by-case basis. Depending on your situation, the lender could enable you to defer making your auto loan payments to a later date. You may also be able to adjust your due date or take advantage of other possibilities.

End of Lease Options

Financial relief could be available for our customers who have chosen to lease their Ford. At the end of your lease, you are generally required to return the vehicle to us and to act on all of the related clauses in the lease, but other options may be available. For example, you could set up a short-term extension to your lease. Another option is to take out a car loan and use those proceeds to buy out your lease. Whether you want to surrender your vehicle early or stay in it for as long as possible, we are happy to help you learn about the hassle-free options available to you at this time.

Loan Deferment FAQs

What is a Ford Loan Deferment?

One of the more common types of auto loan relief available to some of our customers is deferment. The lender must approve a deferment in advance. Upon approval, you will be given a deferment period, and all of the payments that would have been required during this period may be made at a later date. The loan’s term length will be extended, and those deferred payments will be required at that time.

Will a Ford Loan Deferment Damage My Credit?

Your credit scores will be affected if you skip payments on your car loan without formally setting up a deferment. However, if Ford Motor Credit approves your request for relief through a deferment, your credit scores will not be penalized when you skip payments during the approved period.

How Do I Get a Ford Deferment Through Ford Motor Credit?

The ability to skip your next few auto loan payments could be precisely what you need to regain control of your finances. To request a deferment or other forms of relief, you should contact Ford Motor Credit directly. The lender will review your specific circumstances to determine if you qualify.

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.

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