07/10/2022

If the Customer’s Vehicle Insurance has expired, but the Customer does not know to renew, will it affect the LFS loan process?

Every month, the Customer Care – Customer Service Center of LFS will call / text to remind and guide the Customer to renew the Vehicle Material Insurance Policy when the insurance validity is about to expire for 1 month. Delayed renewal of insurance policy will affect LFS’s eligibility to renew the “Mortgage Receipt” and issue a “Copy Certified Vehicle Registration” to the Customer.

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