11-01-2019 22:49 via news.yahoo.com

US agencies urge creditors to be flexible with government workers

US banking regulators on Friday urged creditors to be flexible with government workers affected by the shutdown who may need more time to pay mortgages and credit cards.About 800,000 federal workers have been furloughed without pay for three weeks in what soon will be the longest US government shutdown ever.Five federal financial and state regulators encouraged institutions to work with consumers affected by the shutdown by modifying loans or extending new credit.
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