

However, for an ecommerce store owner, giving an easy and quick service to a customer is not so simple. And, they don’t have to go outside their homes just to buy a single product.

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If you can't cover a bill, be upfront about it: Contact your lender or creditor to let them know you're not going to be able to make a payment and see if an arrangement can be made. Remember that ignoring your bills isn't a good idea, no matter how overwhelmed you may feel. You will need to call and ask to be enrolled, however. Many are also refunding certain fees and altering minimum payment requirements. That would include debts like back taxes, medical bills, and even federal student loans, which won't need to be paid until October 1.Īs for credit card balances, most major banks are allowing borrowers to defer their credit card payments for the time being. There are numerous other types of debt that experts say can likely be put on the back burner for now, or at least negotiated.
