AG Shapiro: Flagship Credit Acceptance Joins ‘PA CARE Package’ Initiative, Offering Expanded Consumer Relief
HARRISBURG―Attorney General Josh Shapiro today announced that Flagship Credit Acceptance has agreed to join the ‘PA CARE Package,’ Pennsylvania’s consumer relief initiative. By joining these efforts, Flagship Credit Acceptance, along with the Office of Attorney General, will ensure Pennsylvania consumers impacted by the COVID-19 pandemic are eligible for additional economic relief.
Under the ‘PA CARE Package’ initiative, banks and financial institutions are working with the Office’s Bureau of Consumer Protection to both comply with the recently-passed CARES Act and offer additional important protections for consumers affected by the COVID-19 pandemic.
“Pennsylvanians need financial protection during this emergency, which is why we launched PA CARE Package to provide relief right now. I thank Flagship Credit Acceptance for joining this effort to help consumers. We can beat this crisis, but consumers and small businesses need to know their rights and use the resources available to them,” said Attorney General Shapiro. “This commitment will help Pennsylvanians who are facing lost wages, lost jobs, and lost income focus on what’s important — staying safe and healthy during this emergency.”
“Flagship Credit Acceptance is taking action to help ease the widespread and unexpected impact that the COVID-19 pandemic is having on our customers. We have made relief available to provide immediate assistance to those directly impacted by COVID-19, and we are providing information and help where needed. Our team of customer service associates takes this situation very seriously, and they have been trained to provide specific options for our customers who are suffering from a pandemic-related hardship.”
To commit to the ‘PA CARE Package’ initiative, financial institutions and banks must offer additional assistance to Pennsylvanians facing financial hardship due to impacts of the COVID-19 pandemic.
- Up to a 90-day grace period for other consumer loans such as auto loans
- Up to a 90-day window for relief from fees and charges such as late, overdraft fees
- Foreclosure, eviction, and motor vehicle repossession moratorium for 60 days
- No adverse credit reporting for accessing relief on consumer loans
To learn more about Flagship Credit Acceptance’s partnership in the ‘PA CARE Package,’ send mail to 3 Christy Drive, Chadds Ford, PA 19317 or visit www.flagshipcredit.com/pa-cares.
For more information on the ‘PA CARE Package’ initiative, visit the Pennsylvania Office of Attorney General’s Coronavirus webpage at www.attorneygeneral.gov/COVID19.
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