Lenders pivot to case-by-case pandemic deferral programs | Auto Finance News

When the coronavirus pandemic first took hold in the U.S., auto lenders began offering programs to offset consumer hardship. Although lenders this month are no longer automatically waiving late fees or deferring loan payments, some still offer relief on a case-by-case basis, according to an analysis by Auto Finance News.  Chase Auto reported 7.4% of auto accounts outstanding as of Feb. 29 were using a […]