Worried about financial hardship during the coronavirus? Here's what credit card issuers are doing to help consumers affected by the pandemic.
while you prepare for the uncertainty ahead, you can initiate the fund transfer on the app without leaving the comfort of your home.racing to the supermarkets. And many consumers are concerned with how they will afford to finance everyday expenses as an increasing number of Americans find themselves out of work during the outbreak.
For example, if you spend $1,000 in purchases and your 0% interest period lasts for 12 months, you should prepare to pay $83.33 per month in order to pay it off before interest hits. Plus, "the temptation to overspend may also be greater when you know you have access to more funding." Tayne tells CNBC Select that forbearance can be particularly helpful during a difficult period that you expect will only be temporary.
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