U.S. Banks Boost Aid to Customers as Federal Shutdown Drags On
- Lenders across the U.S. are bolstering assistance programs and evaluating how else to help their customers as the longest partial government shutdown in history threatens to extend through a second payday for furloughed federal workers. Navy Federal Credit Union, a Vienna, Virginia-based lender with more 8.1 million members, is offering no-interest, no-fee loans up to $6,000 for its 100,000 affected customers. So far, 16,000 customers have enrolled, and the lender extended advances to cover a second pay period. “One can only imagine, as ...
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