Financial Institutions Offer Relief for Furloughed Federal Workers

Federal workers face financial strain as the government shutdown continues, with over one million employees without pay for the second pay period. However, several financial institutions are offering relief, including USAA, Navy Federal, Chase, Bank of America, Wells Fargo, PayPal, and Synchrony Bank. These institutions are providing assistance such as fee waivers, payment deferrals, and no-interest loans. Experts advise contacting loan servicers for options like loan modifications and late fee waivers, but warn against high-interest loans and scams. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.