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1/5
At least 17 million people are out of work. Millions of others are furloughed, facing salary cuts or cuts in their hours. In this time of need, banks & credit reporting agencies need to take a uniform & generous approach to their customers.
At least 17 million people are out of work. Millions of others are furloughed, facing salary cuts or cuts in their hours. In this time of need, banks & credit reporting agencies need to take a uniform & generous approach to their customers.
2/5
We need the banks, credit card companies & credit reporting agencies to come up with a plan to suspend mortgage collection, suspend foreclosures, suspend evictions, suspend ALL late fees & penalties, remove minimum payments, suspend interest & reporting to credit agencies
We need the banks, credit card companies & credit reporting agencies to come up with a plan to suspend mortgage collection, suspend foreclosures, suspend evictions, suspend ALL late fees & penalties, remove minimum payments, suspend interest & reporting to credit agencies
3/5
We need the participation of ALL banks and credit card companies in emergency loan programs for individuals & small businesses. We need to stop dinging the scores of people applying for loans at a time when they need their hard earned credit scores the most.
We need the participation of ALL banks and credit card companies in emergency loan programs for individuals & small businesses. We need to stop dinging the scores of people applying for loans at a time when they need their hard earned credit scores the most.
4/5
We need a simple set of rules for everyone, led by the same banks that took taxpayer money in ‘08 & that credit reporting company that lost our data a couple of years ago. I'm looking at you, @Equifax. How 'bout you DON'T take a single point off of anyone's credit score?
We need a simple set of rules for everyone, led by the same banks that took taxpayer money in ‘08 & that credit reporting company that lost our data a couple of years ago. I'm looking at you, @Equifax. How 'bout you DON'T take a single point off of anyone's credit score?
5/5
For all of us to come out of this feeling a little less pain & a little less anxiety, it is critical that our financial institutions & our policymakers come up with a unified, simplified solution that leaves us with our dignity, our sanity and a little more financially whole
For all of us to come out of this feeling a little less pain & a little less anxiety, it is critical that our financial institutions & our policymakers come up with a unified, simplified solution that leaves us with our dignity, our sanity and a little more financially whole
