Coronavirus Debt Relief

As many individuals are struggling to make their payments during this time of crisis, several banks and credit card providers are offering debt relief and other programs to help their customers.

As with mortgages, you should try to contact your provider before missing any payments.

Don’t just assume that you’ll get a “free pass” and skip your next few payments as this could be detrimental to your credit score.

Carefully review your bank’s COVID-19 policy and make sure that you take the necessary steps in order to receive the assistance they provide.

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