The arrival of the COVID-19 pandemic has shook the financial stability of millions of Americans. In addition to mortgage relief, many financial institutions of all sizes, including Ally Financial, Bank of America, Citi, and Fifth Third Bank, have taken proactive steps to offer assistance for credit card, auto, and small business and personal loans. While policies vary by institution and are on a case-by-case basis, they include but not limited to fee waivers, deferred payments, loan modifications, zero to low-rate loans, and more.
Click here for a running list of the banks that are offering financial aid to those affected by the pandemic. If you’re experiencing financial hardship, we encourage you to reach out to directly to find out what assistance they can provide.
As usual, we’re here by your side to provide guidance through the ever-changing world to ensure that you remain on track of your goals.