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UK lenders have granted nearly 1.2m payment holidays

Payment holidays for around 700,000 credit cards and 470,000 loans have been granted

UK lenders have granted nearly 1.2 m payment holidays on credit cards and personal loans for customers struggling with the Covid-19 outbreak.

Figures released by the banking lobby group UK Finance show that by the end of April payment holidays had been granted for around 700,000 credit cards and around 470,000 loans had been put on pause.

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from The Guardian https://ift.tt/2Whqbqx

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