Get Mfc Application Form 2010-2024

SMS "S" (for Settlement) leave a space, followed by your ID number to 31795.

Applicant requirements be over the age of 18; be a South African citizen or foreign national with permanent residency. have a valid driving license. have an income of at least R7 500 per month.

To view your My MFC Contract you need to enter your identity number and the MFC Reference number sent to your cell phone to Login. Once you have logged in, an Approve-it message will be sent to your cellphone, so please have your cellphone on hand to respond.

Your lender can provide you with your settlement figure over the phone, via email (which can take 2-3 days) or by post (which could take 7 or so days). Your settlement figure is valid for 14 days from the date you request it.

Request a Settlement Figure Email S (for Settlement) and your ID number to selfservice@mfc.co.za. Important: You must capture the “S” and leave a space, followed by your ID number in the subject line of the email and not in the body of the mail.

How long does car finance approval take in South Africa? Allesha Chetty, finance and insurance manager for Group 1 Renault, says that it can take as little as an hour to have your vehicle finance pre-approved. “However, final approval can take anything between three hours and three days.

The settlement figure is the amount you owe on your car finance, but might also include extra charges for things like admin as well as early settlement fees. This settlement fee is usually valid for 28 days, and any extra payments you make in the meantime will affect this figure.

580 and 669, your rating is fair, and you are considered to be a subprime borrower and the dealership will consider your application. 670 and 739, you have a good rating, and as such, you are not likely to default on your finance agreement. Finance will be approved.