Car Payment Relief in Lumberton

Covid-19 has had a substantial impact on the Lumberton community. Not only do residents have to account for new social-distancing and shelter-in-place orders, but they may also be struggling financially due to the loss of a job, reduced pay, or large medical bills. 

Many Lumberton-area residents struggling financially are looking for ways to save money for their personal and family needs. For many families, that may include their monthly car payments. If you’re unable to make your Nissan car payments, a car payment relief plan from Nissan of Lumberton may be an option for you. Learn more about how Nissan of Lumberton can help you and your family save money for what matters most in these uncertain times. You can also read our Covid-19 response plan.

Nissan of Lumberton Financial Services 

If you’re struggling to keep up with your bills and other expenses in Fayetteville, staying up-to-date with your car loan or lease payments may feel impossible. If you feel that you are unable to make your loan or lease payments this month or in the near future, contact our finance center as soon as you can so we can discuss your car payment relief options before you miss a payment. 

Presently, Nissan of Lumberton does not have a predetermined relief program for Florence SC-area drivers. However, our finance team is reviewing requests for car payment relief on a case-by-case basis. Collect your current financial information and the documents for your Nissan loan or lease, then contact our finance team to discuss your relief options. You may qualify for a deferred payment plan.

Loan Deferment Facts

If you qualify for a deferment from the Nissan of Lumberton finance team, you may be wondering what a deferment is or how it will impact your credit score. We’ve answered some commonly asked questions about loan and lease deferment for you below:

What is Loan or Lease Deferment?

A loan or lease deferment allows you to skip car payments without penalty during the deferment period. After the deferment period ends, you will continue to make your lease or loan payments like normal. 

To repay the missed payments, your loan or lease will be extended past the final month of your original payment term with our dealership. The extension will only last as long as your deferment period was. For example: If you get a loan deferment for two months, then you will pay for two extra months after your original payment term ends. 

How Will a Deferment Affect My Credit Score?

Your credit score will not be affected by a loan or lease deferment. Since our dealership agreed to the terms of your deferment, the “missed” payments will not be reported to the credit bureaus. If you miss a payment that is not covered under the deferment or you miss a payment after the deferment ends, then it will be reported as if it were a regular missed payment. 

How Can I Apply For a Deferment?

Currently, we are taking deferment requests on a case-by-case basis. To inquire about a deferment contact our finance team to discuss your financial situation and your loan or lease payments. 

End of Lease Options

If you lease a vehicle through our dealership and you’re close to the end of your lease term, you may not be in a position to release the vehicle back to our dealership or transfer the lease to a loan. If you are unable to make end-of-lease arrangements, you can request an extension or another form of car payment relief by contacting our finance team.

Discuss Car Payment Relief at Nissan of Lumberton

At Nissan of Lumberton, we understand that many Lumberton families are facing unprecedented hardships and financial strains during this time. Let our knowledgeable and compassionate team help you find a way to defer your payments or make alternative payment plans so you can save your money for what matters most. Contact us to set up an appointment to discuss car payment relief options. You can reach us online or by phone at 910-739-8371 during normal business hours: 9 a.m. – 8 p.m. Monday – Friday.