Banks pressuring customers to make unrealistic loan repayments as deferrals end Posted WedWednesday 20 updated WedWednesday 20 JanJanuary 2021 at 6:19am A Westpac spokesperson said about 75 per cent of customers who had deferred loan payments had begun to repay. ( Share Print text only Cancel Borrowers are being pressured by banks to make "significant, bulk" payments as loan deferrals begin wrapping up. Key points: The Australian Prudential Regulation Authority says repayment deferrals must end on March 31 The National Debt Helpline said one person was told he had to pay $20,000 in arrears before regular payments could restart Financial counsellors are concerned the pressure from banks will send some people to payday lenders