AUSTIN, Texas – SMART Payment Plan has responded to a new government program that allows customers with school loan payments to skip payments for 2 months.
“We have already reached out to our many customers who have added school loan payments to see if they want to take advantage of the ability to skip their next 2 months of payments,” said CEO David Engelman. “We continue to monitor developments regarding automotive and mortgage payments. If the government or banks implement programs to defer payments on any loans, we will immediately begin helping our customers to take advantage of the programs,” Engelman added.
“We have also added features to our in-dealership software for Finance Managers to easily select 90 or 120 days to first payment for ease of enrolling customers in lenders new programs,” Engelman concluded.