Paying Bills Later: Considering Financial Consequences of Delayed Payments Due to COVID-19
Titan Consulting
APRIL 26, 2020
Deferring your auto payments may put you at risk for repossession if your lender requires you to catchup and make all deferred payments at the end of the deferral period. Amid economic uncertainty, and lockdowns extending through April and possibly into May, it is tempting to call creditors requesting payment extensions.
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