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Is there a penalty for prepayment of a loan?
No, there is no prepayment penalty. You can pay your loan in full at any time and all non accrued interest charges will be refunded to you.
Is there a file fee?
Home Appliances & Electronics Loans do not carry a file fee.
Will I need a personal guarantor to apply for a loan?
No, applying for a loan at CFC does not require a guarantor.
Is there a way to have my monthly payments paid directly from my bank account?
Yes, simply complete the Direct Debit payment instruction and fax it back to 01-371102. You should have a current account at any local bank.
When will my first monthly payment be due?
Your first payment will be due after one month from signing your promissory notes unless otherwise specified by yourself on the application.
Can I apply for another loan at CFC before I pay off my first loan?
Yes, you may apply for another CFC loan. Simply call our Customer Care Representatives at 01-371102.
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