How Lenders and Credit Agencies Are Responding to Coronavirus

Lenders and credit reporting firms are still working through how to handle the current state of the US consumer; lenders haven’t reported increases of missed payments but this likely won’t last for long; consumers are at risk of losing their homes and cars which will have an impact on their credit score for years to come; Citigroup has already announced increasing spending limits and JPMorgan Chase is delaying due dates for some borrowers across cards, auto loans and mortgages; Goldman Sachs has also allowed some borrowers to delay payments for a month; part of the discussion centers around if everyone should get relief or if it should only be for those who ask for it; the WSJ digs into some of the outstanding questions that various financial firms are asking themselves. The Wall Street Journal

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.