Ally Financial launched a comprehensive set of financial support initiatives to help the people and communities it serves to withstand the extraordinary pressures triggered by the COVID-19 health crisis and be better positioned to recover quickly from its effects. The package involves the following measures:
- Defers payment for auto customers up to 120 days
- Defers payment for mortgage customers up to 120 days
- Gives new auto customers the option to delay first payment for 90 days
- Pledges $3 million in financial aid to local communities and organizations