Fintech trailblazer BillGO, the leading provider of innovative bill pay and real-time payments systems, today launched an online hub that highlights financial institutions and companies offering payment relief to people impacted by COVID-19.
The Coronavirus has wreaked havoc on the U.S. economy, leaving millions of Americans unemployed and unable to meet their financial obligations. BillGO’s Bill Pay Relief Hub — available at billrelief.billgo.com — showcases companies across America that are willing to work with consumers and business owners struggling to pay their bills. This unique resource features an interactive map, is filterable by state and industry, and includes backlinks to listed organizations’ websites for more information.
“The COVID-19 pandemic has adversely impacted the financial well-being of millions of U.S. consumers who are now faced with bills they cannot pay,” said Dan Holt, Co-founder and CEO of BillGO. “We applaud the financial institutions and billers stepping up to help Americans through a variety of payment assistance programs, and we created the Bill Pay Relief Hub to be a centralized source of information about these efforts.”
Payment relief can come in a variety of forms, including:
- Deferred payments
- Loan forbearance
- Waived late fees
- Suspended service disconnections
- Delayed evictions and foreclosures
A work in progress, the hub will continually be updated as both consumers and companies provide new information about available relief programs. Leveraging crowdsourced information, the website allows users to easily submit new entries and share programs via their own social media channels.
“The true power of this resource is just beginning,” said Mary Anne Keegan, BillGO’s Chief Marketing Officer. “We’re excited to watch the number of submissions grow as both companies and consumers self-report relief measures in their states. The more that the hub is shared, the more we can do to help alleviate the often-overwhelming financial burden people are now facing on a daily basis.”
