FaradayWest Finance vs RAC Finance
RAC is planning on withdrawing from dealer finance in Western Australia. One of the reasons given was the changing economic climate and credit crunch was impacting negatively in this portion of their business. It is understood that the RAC will still continue to offer finance for cars, but only for their existing members.
In light of this news, the team at FaradayWest Finance would like to reinforce our commitment to providing funds to customers for all their financing. It’s business as usual here, and we have no plans of pulling out of car finance any time at all.