Ford Credit Offers Payment Deferrals to Victims of Hurricane Isabel
Ford Credit is offering customers affected by last month's Hurricane Isabel the opportunity to defer up to two auto payments.
Under Ford Credit's Disaster Relief Program, customers are given the opportunity to defer these monthly payments without paying extension fees. About 230,000 customers living in Washington, D.C., Delaware, Maryland, North Carolina and Virginia are eligible because of extensive damage in those areas.
"Ford Credit is committed to its customers," said A.J. Wagner, president of Ford Credit North America. "We understand that customers living in the affected areas may experience temporary financial problems due to Hurricane Isabel, and our goal is to give them one less thing to worry about while they rebuild their lives."
Ford Credit customers who are eligible for the Disaster Relief Program should receive letters within the next few weeks with instructions on how to register, and must register by Nov. 17, 2003, to qualify. The extended payments will be due at the end of the loan. Customers who have not received a letter but believe they qualify may inquire about the program by calling Ford Credit at (800) 723-4016.
About Ford Credit
Ford Credit is a wholly owned subsidiary of Ford Motor Co. Now in its 44th year, Ford Credit provides vehicle financing in 36 countries to more than 11 million customers and more than 12,500 automotive dealers.
More information can be found at www.fordcredit.com and at Ford Credit's investor center, www.fordcredit.com/investorcenter.
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