Automotive

Captive lenders, banks to provide payment relief during crisis

Ford Motor Credit Co., Nissan Motor Acceptance Corp. and Toyota Financial Services are among the finance arms offering malleable payment and repayment programs, with larger lenders Wells Fargo Auto and Ally Financial following suit. GM is offering 0 percent interest on 84-month loans and 120-day deferred payments on new-vehicle purchases.

source https://www.autonews.com/finance-insurance/captive-lenders-banks-provide-payment-relief-during-crisis