• Jesse Campbell
• 22 Jul, 2020

Credit card deferment and forbearance programs aren’t anything new. Creditors have long offered customers in financial distress short-term hardship options in the hopes that these users will be able to keep their accounts in good standing and avoid the collections process (which is less than optimal for both sides). Financial calamities, like the current coronavirus pandemic, mean that credit card issuers may have to temporarily increase the scope of those hardship programs
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