A major bank has announced new cost-of-living support for customers who are struggling with debt.
Natwest has confirmed it will be extending the amount of time customers have to pay back money on a loan or an overdraft if they have missed several payments.
A statement said: “For personal customers, the bank is committed to supporting those in financial difficulty with interventions designed to create breathing space and alleviate pressure. The bank has also announced £5.7million in hardship funding to charities and partner organisations, including £1m to the Trussell Trust to further support the Help through Hardship scheme.
“Over the past year, including today’s new funding, we’ve provided around £40m of cost-of-living support to our personal customers and community partners.
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