By Bob Katzen
Education Fund released a guide with tips for how consumers can negotiate with their banks to lower interest rates, waive overdraft fees and agree on payment plans to provide more financial peace of mind in the months to come.
“When Americans budgeted for 2020, they could not have predicted a pandemic that would force them to work from home, cut their hours, or leave them suddenly unemployed,” said Deirdre Cummings, MASSPIRG Education Fund’s Consumer Program Director. “All across the country, people are experiencing financial hardships and uncertainties, and it’s important that banks, utilities and lenders provide flexibility for those individuals and families struggling to make ends meet.”
You can access the tip guide here: https://masspirgedfund.org/feature/usf/covid19-consumer-tips