In this update to our May 2020 report examining the effects of the COVID-19 Pandemic on credit applications, we find that credit card inquiries were still 30 percent below their pre-pandemic levels in September, while auto loans were depressed by 20 percent
Homeowners who are struggling to make mortgage payments because of a COVID-19 related hardship, or who got a mortgage forbearance that is coming to an end, should talk to their mortgage servicer or a HUD-approved housing counselor about options and next steps
The Bureau took steps to make it easier for consumers with urgent financial needs due to the coronavirus pandemic to access mortgage credit more quickly
Consejos para que se mantenga al día con sus finanzas durante la pandemia del coronavirus, particularmente si no ha perdido sus ingresos o no ha tenido grandes gastos
Si por causa del coronavirus usted no puede pagar su hipoteca, empiece por entender cuáles opciones tiene y busque ayuda
If you can’t make your mortgage payments because of the coronavirus, start by understanding your options and reaching out for help
LIBOR is expected to be discontinued sometime after 2021
