At least 450,000 of the 900,000+ loan customers on deferral approaching the period's end this month or next
Lenders can now provide another four months to customers with reduced incomes and COVID-19 related financial difficulties. How can brokers help their clients access this?
Banks' provision of $258bn in new credit has led to early signs consumer confidence is returning, says ABA CEO
With the first of July marking the start of 'phase one', AB examines what it all means for borrowers
However, extension is “not automatic” and only for those who genuinely need it
Customers proactively resuming payments even as ABA reveals loan pauses have passed $150bn benchmark