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Lenders continue to provide financial support for customers impacted by Covid-19

Lenders continue to provide financial support for customers impacted by Covid-19

4 mins read

. 127,000 mortgage payment deferrals in place in mid-November, a significant reduction in customers seeking this form of support from June’s peak of 1.8 million . 55,000 credit card and 22,000 personal loan payment deferrals in place for customers facing financial difficulty, reduced from 84,000 payment deferrals on credit cards and 50,000 on personal loans at the end of October. . The banking and finance industry remains committed to supporting mortgage and consumer credit customers through new or extended payment deferrals and tailored support…

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Lenders continue to provide financial support for customers impacted by Covid-19

4 mins read

. 127,000 mortgage payment deferrals in place in mid-November, a significant reduction in customers seeking this form of support from June’s peak of 1.8 million . 55,000 credit card and 22,000 personal loan payment deferrals in place for customers facing financial difficulty, reduced from 84,000 payment deferrals on credit cards and 50,000 on personal loans…