There are an estimated 800,000 federal workers affected by the partial government shutdown and a further 4.1 million federal contractors also affected; starting today these workers will be without a paycheck whether they are working or not; for federal workers with a personal loan worried about making a payment, online lenders may be offering relief; Bankrate lists the policy of many of the major online lenders and how they are working with their borrowers during this difficult time. Source.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.