uk iconUK

 

 

 

UK lenders have granted nearly 1.2m payment holidays

UK lenders have granted nearly 1.2 m payment holidays on credit cards and personal loans for customers struggling with the Covid-19 outbreak.

UK lenders have granted nearly 1.2m payment holidays
smsfadviser logo
Lenders have granted payment holidays

Figures released by the banking lobby group UK Finance show that by the end of April payment holidays had been granted for around 700,000 credit cards and around 470,000 loans had been put on pause.

Read more at the Guardian

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox