Don’t think it could happen here? Well, it’s happening in the UK
The UK’s Financial Conduct Authority (FCA) on Friday indicated that it will tell rent-to-own firms, car finance providers, and pawnbrokers to keep offering payment freezes to borrowers in financial difficulty in the wake of the coronavirus crisis.
Great Britain Freezes Auto Payments and Repossession until October 31 – Repossession –Repossess – Repossession – Foreclosure – Credit Union Collections
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