— but if you don't, you could end up paying even more in late charges.
Thankfully, many banks are offering borrowers assistance during these difficult times. You may be able to defer personal loan payments without facing late fees. Find out how your bank is willing to help. If your bank isn't on this list, call a representative to discuss your options.If you've lost income due to the coronavirus, you may be eligible to defer payments on your BMO Harris personal loan for up to three months.You can defer your Citi personal loan payments for up to two statement cycles, and you won't pay late fees. Citi will report your account as being current to credit bureau agencies even if you miss payments during this time.
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