Discover offers 0% APR for 12 months, which is interesting bc I tried a few months ago and they said that they can't bc my acct's less than 1-yr-old and that's their policy. Guess they're being lenient.
The Discover rep said that the 0% APR for 12 months is just a promo on my acct and they're not lowering APR bc of coronavirus; they're only allowing ppl to skip payments.
Randolph-Brooks FCU wrote:
If you are an RBFCU member facing financial difficulties because of the current public health crisis, we have several ways we may be able to help. Please contact an RBFCU Member Service Specialist at 1-800-580-3300 to discuss available options:
- Penalty-free Certificate withdrawal: Eligible members will be able to withdraw, without penalty, an amount equal to two months net pay.
- Waived late fees on payments for Consumer and Mortgage Loans: Please note, your late fees cannot be waived until they have been assessed at the 15-day mark.
- Skip-a-Pay on Consumer Loans: Eligible members with a Vehicle Loan or Personal Loan will be offered a one-time use Skip-A-Pay option through their Online Banking account. Eligible members will also be offered Mastercard ® Skip-A-Pay options in March or April. If you aren’t offered a Skip-A-Pay option, please call to discuss a payment arrangement request.
- Extensions on Mortgage and Commercial Loans: Please contact us so that we may identify what options might be available for your unique situation.
Last Updated 3/23/2020 @ 05:05 PM Eastern Time
|Company (post reference)||COVID-19 Related?||Account type||Payment Deferral||APR||Term ||Fee waivers|
|US Bank (1,2)||Y||Personal Loan||2.99%||Up to 48 months|
US Bank (1)
|N||CC (new)||0%||20 months|
|Discover(1)||N||CC (existing)||0%||Up to 13 months|
|Discover(2, 3)||Y||CC (existing)||Y||1 month|
|Boost Mobile (1,)||Y||Mobile|
|Apple Card / Goldman Sachs (1, 2)||Y||CC||1 month|
|Langley (1, 2)||Y||Hardship||Y||Y|
|BECU (1,2,)||Y||Personal Loan (new)||0%||Up to 24 months|
|Ally Finance (1, 2, 3)||Y||Auto||Up to 3 months|
|Capital One (1)||N||CC|
|Spectrum (1, 2)||Y||Internet / Cable||Y||Up to 2 months|
|Metro PCS / T-Mobile (1)||Y||Mobile||Y||Up 2 months|
|Chase Auto (1,2)||Y||Bank||Y||Up to 3 months|
|PenFed (1)||Auto & Other***||Y||1 month|
|Chartway FCU (1, 2)||Y||Hardship||Y|
|Unify FCU (1)||Y||Hardship||Y|
|SDCCU (1)||Y||Hardship||Y||Up to 3 months|
|Summit CU (1)||Y||Hardship||Y|
|Summit CU (1)||Y||LOC - new||Y - 90 days||5%||6 months|
|Toyota Financial Services (1)||Y||Auto||Y||2 months|
|Navy FCU (1)||Y||Hardship||Y|
|Golden 1 FCU (1)||Y||Hardship||Y||Up to 2 months|
|Library of Congress FCU (1)||Y||Hardship||Y|
|FirstTech FCU (1)||Y||Hardship|
|Randolph-Brooks FCU (1)||Y||Hardship|
In response to the Spectrum: I contacted them via chat and was told the account has to be in default to be considered for any type of relief or discount. Was told that there is a 45 day grace period for payment in general. Thought I would share.
EDIT: Link provided says new customers only for two month promotion.
Thanks for the updated spreadsheet @Namaste7 . Will make the change on Page 1. Finally got to sit still for more than an hr.
Okay, I'll start
US Bank is offering a personal loan with 2.99% apr for amounts $4999.00 or lower, up to 48 months. The only drawback, it must be finalized in the branch.
how funny. i guess they figure if they're willing to risk death or hospitalization, they must really need the help, so let's give it to em
As someone who risks getting infected every day, as someone who's been in contact with at least five infected patients, as someone who risks bring this home to my children every day, and as someone who would care for you should you get sick before me, I totally and utterly fail to see what you're finding so funny.
Right when I thought I've seen it all ...
I think you should lighten up on this one @Remedios
@cr101was just pointing out the stupidity of requiring someone to come into the branch personally to get the loan when social distancing is what is appropriate
I dont need anyone ficosplaining to me what someone else typed., which emoji they used, and what they meant.
If you read what I said, you'll notice that social distancing is not an option for me, not for about 12 hours, 5 days a week.
A branch is by far safer for me than work.
We really going to stoop down to "oh you so desperate" talk, when people stand to lose everything they have, even lives for some?
This is now going off topic, be it lenders helping, or some mocking lenders for helping, or mocking those who took help.
Please bring it back to it's intended purpose, and if anyone wishes to start a thread with more negative tones and under tones, they are free to do so.
+1 WITH @Remedios . I didnt start this thread for comments other than people who need help who lost their job for now, or are going to be laid off, get behind on their credit bills, whatever hardship may come their way. It is to see which creditor is going to step up to the plate and help their customers. I'm no Community Leader, Mod or whatever. Lets keep it on topic. Post what could be of help to another member. Some will keep it to themselves and not admit it in the open to us they're on the cliff. Could be a lurker who will never join here. We just dont know. We are a team here to help one another. Letskeep it that way please. Thanks, Greg
@Namaste7 I tried to add the above to Post#1 but it exceeded 20,000 words. So a link was placed to this page so others can see it. Didnt want to erase the hard work you've done so far. So very much appriciated for helping out!!!!!!!!!!
Kudos for all who are sacrificing for the cause of easing things for all during this crisis.
That's not bad at all, considering they aren't huge multi billion dollar corporations like AmEx or Chase