We have introduced a new user-friendly QR code to the Fender Bender Finance programme. This latest feature enables those seeking car repairs to apply for finance on their smart device. Their personal information remains safely on their device during the application and the body shops participating in the programme are compliant with the Protection of Personal Information Act, 4 of 2013.
The Fender Bender Finance programme is targeted at the vast majority of uninsured drivers that we have on our roads. Unaffordable excesses are yet another conundrum our body shops face. A loan can be used to cover this cost.
Fender Bender Finance has partnered with Nedbank and the Collision Repair Association of South Africa (CRA) to provide a solution to these problems. The programme has a national footprint and is already meeting the needs of this segment. Using body shops that are members of the CRA gives clients assurance that their vehicle is in excellent hands, as members need to adhere to stringent quality controls, training and good business practice.
How it works
The prospective client gets a quote from the participating body shop and can apply for finance at the body shop. They can choose a loan of between R2 000 and R300 000 and pay it off over six to 72 months.
Once the prospective client’s loan has been approved, the amount is paid into the Fender Bender Finance account within two days. Then the body shop receives 50% of the money to start the job. When they have finished the job and the client has signed off, all parties have seven days to raise any questions. The other 50% of the money is then given to the body shop.
To find out more or to find your closest participating body shop for a quote, visit www.fenderbenderfinance.co.za.
By Claire Macfie