Mortgage Business
Major banks launch mouse plague support By Sarah Simpkins 04 June 2021
The big four have rolled out new measures aiming to relieve customers hit by the mouse plague, with consumers and businesses being encouraged to ask for loan repayment deferrals and waived costs.
The Australian Banking Association (ABA) has told customers affected by the wave of mice wreaking havoc to contact their banks to discuss assistance options available to them.
The body’s member banks have extended a range of measures, including deferred principal payments on business loans or leasing payments, reduced home loan and personal loan repayments, credit card and personal loan relief, waived application fees for restructuring business facilities and mental health support via specialist programs.