hardship programs
Financial difficulty assistance
Hardship programs are arrangements offered by creditors, utility companies, or government agencies to help people experiencing financial difficulty.
These programs typically reduce payments, lower interest rates, waive fees, or defer obligations temporarily: She enrolled in the credit card's hardship program after losing her job.
Also called hardship plans.
- forbearancePatient self-control, delayed enforcement
- reliefEasing of distress
- assistanceSupport or aid given
- debtMoney owed another
- credit card debtMoney owed on plastic
student loans · medical bills · struggling · financial · payment · payment plan · deferment · utility · mortgage · bills · past due · crisis · income · income verification · enrollment · eligibility · application · customer service
hardship programswealth management
Overseeing affluent clients' finances
affluence · financial security · platinum membership · investment opportunities · private banking
hardship programsloan forgiveness
Cancellation of owed amounts
debt cancellation · write-off · debt relief · settlement · charge-off
hardship programscollections
Gathered groups of items
debt collection · wage garnishment · late fees · credit reporting · foreclosure
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