Banks Waive Fees For Workers Affected By Shutdown
Some banks are forgiving late payments, service fees from impacted customers
Some banks are forgiving late payments and service fees from customers among the approximately 800,000 federal workers affected by the partial government shutdown, which is in its third week.
Details: Wells Fargo will be automatically reversing monthly service, overdraft and insufficient fees, a spokesperson tells Axios, which Chase and Capital One are already doing. Capital One is also extending some loan payment due dates and waiving or refunding some credit card fees. Bank of America is working with customers on fee refunds, waivers, repayment plans and loan modifications.