As the world continues to cope with the impacts of the COVID-19 crisis, many businesses and government entities are stepping up to provide some relief to those who are worried about their financial security.
Today, we are excited to announce that Trim is launching COVID-19 Loan Relief to help those that are impacted by COVID-19 defer payments and access further relief services for credit card payments, mortgages, student and auto loans, and more.
Here’s how it works:
- Sign up for Trim and schedule a call with our Bank Negotiation team.
- Our expert negotiators will ask for what payments you’d like deferred. We’ll then chat with your bank or lender with you on the line and help negotiate on your behalf. Because of COVID-19, wait times are longer than normal when calling into the banks, so we’ll even wait on the phone for you if the wait time is long.
- After the call, you should be all set with having your payments deferred! Every bank or lender has their own relief program, but we’ve typically seen 1-3 month deferment offered to prevent foreclosure and repossession for mortgages and auto loans.