Everyone is doing their part except banks, insurance, utilities

[MaxPower]

Everyone has to do their part, however small or large that part may be. Because you don't want yourself or your loved ones to have to go thru the stress and xp of dying of the virus or surviving only to suffer the long term physiological effects.

Exactly, and doing their part means following the protocols strictly, responsibly and consistently.

[abducted]

https://www.facebook.com/10001694611009 ... 297699232/

Peter George agrees with what I'm saying, there has to be cooperation from all involved

[Country_Bookie]

OP I agree, people and small businesses both need help to pay their bills. However, every country that I've read about has achieved this by helping them directly, by means of stimulus checks given to them.

This solution has worked in many countries. We're doing something similar with the $1,500 but that is a really small amount when you have lost all your income. That's barely enough for groceries for most households. What we need to do is increase this payout and increase the number of people it's going to. It's a good opportunity to bring the self employed population on board.

The biggest drawback to doing it is we're already drowning in debt because our economy has been contracting for the last 7 years.

[daring dragoon]

digicel MC raise their rates during a lockdown and SOE and expect people to continue their service. let them htmc. i going back to flow.

[Dohplaydat]

OP I agree, people and small businesses both need help to pay their bills. However, every country that I've read about has achieved this by helping them directly, by means of stimulus checks given to them.

This solution has worked in many countries. We're doing something similar with the $1,500 but that is a really small amount when you have lost all your income. That's barely enough for groceries for most households. What we need to do is increase this payout and increase the number of people it's going to. It's a good opportunity to bring the self employed population on board.

The biggest drawback to doing it is we're already drowning in debt because our economy has been contracting for the last 7 years.

Also most countries gave all citizens that money, not only those who were laid off.

[RedVEVO]

" Republic Bank is offering loan deferrals/moratoriums of up to three months to customers on a case-by-case basis, expiring no later than September 30... "

" .. The bank encouraged all customers, both residential and business, who need any form of assistance to visit https://republictt.com/covid19/loandeferral to learn more about this offer or to apply .. "


https://newsday.co.tt/2021/06/01/republ ... ratoriums/

[RedVEVO]

^^

LOAN DEF/MOR DETAILS ARE AS FOLLOWS :

Loan Deferrals/Moratoriums
Customers who have experienced a reduction or loss of income or earnings due to the COVID-19 restrictions will be considered for a loan deferral/moratorium on a case-by-case basis.

Loan deferrals for a period of up to three (3) months will be considered, with expiry no later than September 30, 2021.

Criteria
Customers who have experienced a reduction or temporary loss of income or earnings due to the pandemic COVID -19 will be considered for a deferral of loan payments on a case-by-case basis.
Loan deferrals will be for a maximum period of up to three (3) months with expiry no later than September 30, 2021.
Existing loans must be current or no more than 60 days (two months) in arrears.
Deferrals of vehicle loans that are in arrears will not be considered.
Deferrals will not be considered for Bridging Loans - unless there is a defined source of funds to pay the interest, with appropriate documentation.
Deferrals will not be considered for loans secured by a Mortgage Bill of Sale with a term of seven (7) years.
Conditions
The loan term can be extended for up to a maximum of three (3) months.
A new increased loan payment will be calculated and advised.
For contract workers the term of the loan will not exceed the contract term.
In the event of third-party security, the consent of the surety/guarantor for the extension of the moratorium will be required.
Interest continues to be calculated on the loan balance for the period of the deferral.

[abducted]

^^

LOAN DEF/MOR DETAILS ARE AS FOLLOWS :

Loan Deferrals/Moratoriums
Customers who have experienced a reduction or loss of income or earnings due to the COVID-19 restrictions will be considered for a loan deferral/moratorium on a case-by-case basis.

Loan deferrals for a period of up to three (3) months will be considered, with expiry no later than September 30, 2021.

Criteria
Customers who have experienced a reduction or temporary loss of income or earnings due to the pandemic COVID -19 will be considered for a deferral of loan payments on a case-by-case basis.
Loan deferrals will be for a maximum period of up to three (3) months with expiry no later than September 30, 2021.
Existing loans must be current or no more than 60 days (two months) in arrears.
Deferrals of vehicle loans that are in arrears will not be considered.
Deferrals will not be considered for Bridging Loans - unless there is a defined source of funds to pay the interest, with appropriate documentation.
Deferrals will not be considered for loans secured by a Mortgage Bill of Sale with a term of seven (7) years.
Conditions
The loan term can be extended for up to a maximum of three (3) months.
A new increased loan payment will be calculated and advised.
For contract workers the term of the loan will not exceed the contract term.
In the event of third-party security, the consent of the surety/guarantor for the extension of the moratorium will be required.
Interest continues to be calculated on the loan balance for the period of the deferral.

This is the same thing the banks did last year, they are making more money when you take the deferral, this is not helping anyone, they are taking advantage of the pandemic, everyone has to take a loss except them