AG asks lenders for 90-day grace period because of coronavirus

By Jerod MacDonald-Evoy | AZ Mirror, 

Arizona Attorney General Mark Brnovich issued a letter urging lending agencies in the state to waive payments on loans for up to 90 days in the wake of the coronavirus pandemic. 

Brnovich’s letter is addressed to all “financial and lending institutions” in Arizona. In addition to the request of lending companies, he asked financial institutions to forego foreclosures, cease car repossessions, refrain from applying late fees and stop making negative reports to credit bureaus for 90 days. 


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