Car finance: Can you freeze car finance payments?

Car finance: Can you freeze car finance payments?

Ultimately, if you are struggling, contact your creditor to find out what is best for you.

For those struggling financially as coronavirus cases trigger a lockdown of the UK, the Government has said there are options available.

If you are facing a drop in income because your employer has had to temporarily lay you off or put you on short-time working the government has said it will cover up to 80 percent of employees salaries through grants to businesses and a range of changes to the benefits system.

Finance minister Rishi Sunak told parliament the Government was working on measures to help self-employed people but said these had to be practical and fair.

Published at Tue, 24 Mar 2020 19:24:00 +0000