OR17TRD
Well-Known Member
Many people out there are starting to feel the effects of the economy shutting down from COVID.
Many financial institutions are offering loan deferrals for those in good standing with them. If you have an auto loan check with your financial institution to see if they are helping people with monthly payment deferrals.
Most are doing this for no fees and up to 4 months.
Toyota financial is one that is offering up to 2 months.
Many local credit unions are doing this as well.
@Lil G mentioned this in another thread.
Even if you don’t “need” this offer here is a thought. Use this offer and take the total payment amount and put it all towards a big principal payment. This will take that amount off the loan interest free and save some money on your total interest payed by paying off the principal of the loan a little quicker.
Many financial institutions are offering loan deferrals for those in good standing with them. If you have an auto loan check with your financial institution to see if they are helping people with monthly payment deferrals.
Most are doing this for no fees and up to 4 months.
Toyota financial is one that is offering up to 2 months.
Many local credit unions are doing this as well.
@Lil G mentioned this in another thread.
Even if you don’t “need” this offer here is a thought. Use this offer and take the total payment amount and put it all towards a big principal payment. This will take that amount off the loan interest free and save some money on your total interest payed by paying off the principal of the loan a little quicker.
