FILE IMAGE: One hundred dollar notes are seen in this picture illustration at a bank in Seoul, South Korea, January 9,2013 REUTERS/Lee Jae-Won/Illustration/File Photo
WASHINGTON (Reuters) – U.S. regulators are considering offering banks extra regulative points for lending to mid- to low-income Americans harmed by the coronavirus, as they look for to alleviate the financial effects of the pandemic, an official within a banking agency told Reuters.
The federal banking agencies are checking out a number of tools to get credit to American individuals and services amid concerns the havoc wreaked by the coronavirus might see countless lower-income Americans lose their jobs, sending them into default on car loans, home loans and credit card financial obligation.
Among the