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Q: Who Provides the financing for Viking's 0% Financing?
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Viking Warranty has entered into an agreement with Mepco Insurance Premium Financing
to provide interest free financing for any Viking Warranty auto plan. Your actual finacing
agreement will be between youself and Mepco.
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Q: How does the financing work?
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When you select Viking Warranty's financing option, you will be charged 10% of the
total price at the time of purchase which will be billed to your major credit card.
The remianing 90% will be divided by 12 and invoiced to you monthly by Mepco. |
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Q: Do I qualify for financing?
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Yes. However in the event that you fall behind in the payments, your auto plan will be
suspended until all payments are brought up to date with Mepco. If you fall behind more
than 180 days the contract will be automatically cancelled.
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Q: How much will I pay each month?
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Your monthly payment will be determined by the following equation:
(total price x .90) / 12 = Payment
Example for an $1,100 auto plan:
$1,100 x .90 = $990 (Total Financed) divided by 12 payments = $82.50 per month.
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Q: When will I make my first monthly payment?
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The first monthly payment will be due to Mepco approximately 45 days after you
purchase the Viking auto plan. You will receive an invoive from Mepco prior to
the first due date.
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