The United States is facing a consumer credit crisis, with the economic downturn caused by measures to prevent the spread of the coronavirus.
Today, the state of California -40 million inhabitants- decreed quarantine and in a letter to President Trump, the governor of that state, said that 25 million Californians will be affected by the Coronavirus.
While the Trump administration prepares the largest economic bailout package in history, some banks also go out to make their contribution, making maturities in consumer loans, such as credit card, pledge or mortgage loans, more flexible.
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