Deferments news and trends

Banks Prep For Wave Of Skipped Credit Card Payments
Coronavirus // April 26, 2020

Banks are bracing for fallout as more people struggle to make credit card payments due to lost paychecks amid the coronavirus pandemic, according to a report by The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cisco Launches $2.5B Financing Program On New Products
Payment Methods // April 14, 2020

Cisco, the California-based global technology company, announced a new financing program that allows customers to defer 95 percent of the cost of new products until January, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

North American Burger King Franchisees Get Rent Break, Cash Help
Coronavirus // March 30, 2020

Burger King parent Restaurant Brands International will defer rent and boost franchisees in North America with extra cash as part of its response to the coronavirus pandemic, according to a CNBC report. Get the Full Story Complete the form to unlock this article and enjoy...

Crowdfunding, Deferred Loan Payments Jumpstart SMB Relief
B2B Payments // March 26, 2020

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. Get the Full Story Complete the form to unlock this article and enjoy...

Quick Reads
US Consumers Defer Payments On More Than 100 Million Loans

June 18, 2020
There are now more than 100 million skipped payments on student loans, auto loans and other kinds of debt, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

Banks Prep For Wave Of Skipped Credit Card Payments

April 26, 2020
Banks are bracing for fallout as more people struggle to make credit card payments due to lost paychecks amid the coronavirus pandemic, according to a report by The Wall Street Journal...

Cisco Launches $2.5B Financing Program On New Products

April 14, 2020
Cisco, the California-based global technology company, announced a new financing program that allows customers to defer 95 percent of the cost of new products until January, according to a press...

North American Burger King Franchisees Get Rent Break, Cash Help

March 30, 2020
Burger King parent Restaurant Brands International will defer rent and boost franchisees in North America with extra cash as part of its response to the coronavirus pandemic, according to a...