Collabria Financial, Westoba’s credit card provider company, will be offering cardholders financial relief solutions during this time to help them through some of the financial difficulties they may face due to COVID-19.
Collabria has introduced a Temporary Interest Rate Reduction option to the existing Financial Relief Program that offers payment deferrals. This Temporary Interest Rate Reduction option is to reduce the interest rate on purchases and cash advances to 10.9% for up to 3 months and is available to qualified cardholders.
The term can be reviewed and extended another three months if the cardholder qualifies for the continuation of financial relief. Eligibility for these programs and services is decided on a case-by-case basis.
For more information click here. Or contact the Cardholder Service Call Center (1-855-341-4643) to discuss your options and cardholder eligibility for the relief program.