Ford Credit Outlines New Steps To Help Those Impacted By The Coronavirus

Ford previously stated that it was going to do everything it could to help employees, customers, and the community as the nation fights the coronavirus epidemic. Ford previously talked about how it would help its own employees during this epidemic having instructed all employees who can work from home to do so. Ford today stated that it was setting up a coronavirus task force along with the UAW, GM, and FCA. Ford has now shed some light on how it will help its customers and the community overall.

Ford Credit is encouraging its customers in the United States that have been impacted by the coronavirus to contact it to discuss possibly delaying payments to provide financial relief. Delayed payments are potentially available to both buyers and those who are leasing vehicles. If customers are unable to delay a payment, they may be able to change the due date of thier payment.

Ford Credit has also announced that it will give customers who buy new Ford vehicles the option to delay the first payments for 90 days. Many Americans don’t have vacation or sick time and missed work means no money. Ford is also looking out for the community at large via the Ford Motor Company Fund. Ford’s philanthropic arm has announced that it is immediately directing more than $500,000 to nonprofit groups in southeast Michigan.

That money will be used to support the delivery of food to senior citizens and to the thousands of children who don’t have access to school meals. There also two Ford Resource and Engagement Centers in Detroit serving as drive-up food pantry distribution centers. Ford Fund has announced that it is also supporting Detroit-area nonprofits that are providing shelter to families and other at-risk people. Ford Fund is also exploring how employee volunteers can help nonprofits that are short-staffed.

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