Home » today » Business » Banco Popular presents a tool to request moratoriums

Banco Popular presents a tool to request moratoriums

Popular announced the launch of new digital tools for its clients in the wake of the emergency caused by COVID-19.

These tools will facilitate the process of applying for help under your mortgage, auto loan, personal loan and credit card moratorium programs without the need to speak to a service representative.

The tools are available through popular.com, official portal of the banking institution. For auto, personal and credit card loans, the moratorium programs will allow clients affected by COVID-19 to postpone up to three payments.

In the case of mortgage loans, the available alternatives will depend on the type of loan of each client. All programs are subject to certain eligibility criteria, but the tool will allow the client to review these criteria, as well as the applicable terms and conditions, and then avail himself of the selected alternative.

New Tool

“We have closely followed the evolution of this pandemic and developed alternatives to be more agile in serving the thousands of clients who call us daily seeking to benefit from the moratorium process. With this platform, we give an additional alternative to the client so that they can complete the application process from the safety of their home, ”said Gilberto Monzón, executive vice president of Individual Credit.

The institution also announced that it has stopped collection and foreclosure efforts, as well as the imposition of surcharges and penalties for its mortgage clients for this emergency. Likewise, in the case of auto loans, personal loans and credit cards, the institution will stop all collection procedures, as well as the imposition of surcharges and penalties, for clients who avail themselves of the available moratorium programs.

Any Popular customer who faces difficulties in meeting their payments due to the current emergency and does not have access to the new tools can call 787-522-4945 or 1-833-221-2203. Similarly, you can call the Mortgage Call Center at 787-775-1100, available from 8:00 a.m. at 5:00 p.m. Monday through Friday, and 9:00 a.m. at 1:00 p.m. Saturdays.

To find out about the assistance available for credit cards or commercial loans, Popular customers should call the Business Banking Center at 787-756-3939 or contact their Relationship Officer.

– .

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.