Nissan, Hyundai Defer Payments Due to Shutdown

Nissan, HyundaiNissan Motor Acceptance Corp. the automaker’s U.S. captive finance arm, is taking a page out of Hyundai’s book and giving customers a break on loan and payments during the U.S. government shutdown.
NMAC is upping the game and allowing any qualified lease and retail customer who finances through the company to delay a payment for up to three months without extension fees. The Hyundai plan is limited to furloughed workers.
Hyundai Motor America said last week it would allow furloughed federal workers who leased or purchased through Hyundai Finance America to defer their loan and lease payments as long as the U.S. government shutdown keeps them out of work.
“NMAC is sympathetic to any of our customers who find themselves in difficult financial circumstances — many times outside of their control — and we want to provide assistance to help them through those times of uncertainty,” Mark Kaczynski, NMAC president, said in a statement.


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