Ford Credit Offers Financial Relief to Flood Victims

Qualified Customers Eligible to Delay Some Car Payments



Apr 30, 2001, 01:00 ET from Ford Credit

    DEARBORN, Mich., April 30 /PRNewswire/ -- Ford Credit is offering
 customers affected by recent flooding in the Midwest the opportunity to delay
 some car payments. Ford Credit's Disaster Relief Program allows customers to
 skip one or two monthly payments, resuming their regular payment schedules
 when their situations improve.
     Ford Credit customers who are eligible for the Disaster Relief Program
 should receive letters within the next few weeks via U.S. mail with
 instructions on how to register.  Customers who have not received a letter but
 believe they qualify may inquire about the program via the Ford Credit phone
 number at the top of their billing statements.
     According to the American Red Cross, recent flooding has displaced
 4,400 people in Western Wisconsin, Minnesota, Iowa and Illinois.  Flooding has
 destroyed over 1,000 homes in Iowa alone.
     "Ford Credit is committed to its customers," said Donald A. Winkler,
 chairman and CEO of Ford Credit.  "We understand that they may experience
 temporary financial problems due to natural disasters. The goal of this
 program is to give customers one less thing to worry about during trying
 times."
 
     Ford Credit is a wholly owned subsidiary of Ford Motor Company and is the
 world's largest automotive finance company.  Now in its 42nd year, Ford Credit
 provides vehicle financing in 40 countries to more than 10 million customers
 and 12,000 automotive dealers. More information about Ford Credit can be found
 on the World Wide Web at www.fordcredit.com .
 
 

SOURCE Ford Credit
    DEARBORN, Mich., April 30 /PRNewswire/ -- Ford Credit is offering
 customers affected by recent flooding in the Midwest the opportunity to delay
 some car payments. Ford Credit's Disaster Relief Program allows customers to
 skip one or two monthly payments, resuming their regular payment schedules
 when their situations improve.
     Ford Credit customers who are eligible for the Disaster Relief Program
 should receive letters within the next few weeks via U.S. mail with
 instructions on how to register.  Customers who have not received a letter but
 believe they qualify may inquire about the program via the Ford Credit phone
 number at the top of their billing statements.
     According to the American Red Cross, recent flooding has displaced
 4,400 people in Western Wisconsin, Minnesota, Iowa and Illinois.  Flooding has
 destroyed over 1,000 homes in Iowa alone.
     "Ford Credit is committed to its customers," said Donald A. Winkler,
 chairman and CEO of Ford Credit.  "We understand that they may experience
 temporary financial problems due to natural disasters. The goal of this
 program is to give customers one less thing to worry about during trying
 times."
 
     Ford Credit is a wholly owned subsidiary of Ford Motor Company and is the
 world's largest automotive finance company.  Now in its 42nd year, Ford Credit
 provides vehicle financing in 40 countries to more than 10 million customers
 and 12,000 automotive dealers. More information about Ford Credit can be found
 on the World Wide Web at www.fordcredit.com .
 
 SOURCE  Ford Credit