Nissan Car Payment Relief

Lenders and Auto Loan Relief Programs

The COVID-19 pandemic has had a severe impact on many facets of life. Between layoffs, medical expenses, stay-at-home orders, and more, you may be struggling with your finances. Nissan Motor Acceptance Corporation is one of many auto lenders that recognizes the challenges that the pandemic has created on its customers, and it is offering financial relief on auto loan payments to many of its customers upon request.

Nissan Motor Acceptance Corporation (NMAC)

Some auto lenders have a predetermined loan deferment period that their customers may request. Nissan Motor Acceptance Corporation is taking a customized approach. When you contact the lender to request loan relief for your car payment, the lender will review your loan history and other factors to determine if you qualify for relief and what the specific terms of that relief are.

End of Lease Options

If you are one of the many drivers who have leased a Nissan, you may be stressed about your options if your lease term expiration date is around the corner. Are you ready to turn your leased Nissan in and to remove the burden of auto payments from your budget for the present time? Your auto dealership will support you throughout your hassle-free surrender of your Nissan. Would you like to continue leasing your Nissan until this rough patch has passed? By calling your finance company, you may be able to make arrangements for an extension of your lease term for a short period.

Loan Deferment FAQs

What is a Nissan Loan Deferment?

If Nissan Motor Acceptance Corporation agrees to a payment deferment, you can skip making your loan payments for the agreed-upon deferment period. You will need to make your regular Nissan loan payments up to the deferment period and once this period is over. Interest charges will apply. Your loan term length will be extended, and you will make up the missed payments at the end of the lease during the extension period.

How Will a Nissan Loan Deferment Affect My Credit Score?

As long as you make your payments on time up to the deferment start date and as long as you pick up making the payments after the deferment period ends, your credit rating will not be affected. Keep in mind that Nissan Motor Acceptance Corporation must approve the deferment request in advance.

How Do I Get a Nissan Loan Deferment?

Nissan Motor Acceptance Corporation provides loan relief individually upon request. Your ability to qualify for aid and the specific terms of the assistance that you receive is tailored specifically to you. To explore the options available, you must contact Nissan Motor Acceptance Corporation by phone.