CrediBlog

Fears of Post-Hardship Defaults Overblown

After COVID-19 was declared a pandemic in March 2020, banks and credit unions began offering borrowers hardship accommodations so the trauma of layoffs or furloughs wouldn’t be compounded by defaults. The NCUA and the FDIC encouraged such programs, and the … Continue reading →

Read more: creditandcollectionnews.com

This article is educational and is not legal, tax or financial advice. Results from credit repair services vary.

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