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ROBERT M. NEELD, Democrat
Candidate for U.S. Congress

FOR IMMEDIATE RELEASE

CAPE CORAL, AUGUST 19 – Robert M. Neeld, Democrat candidate for Congress from the 14th District, today urged banks and other lenders to waive late fees and electronic transfer fees for any customer affected by the devastation of Hurricane Charley.

“Residents of Southwest Florida and hundreds of businesses are struggling to get their lives, their homes and their store fronts back in order. Yet, during these very difficult times, some banks and lenders are imposing surcharges and late fees upon customers who now find it extremely difficult, if impossible under the circumstances, to meet their payment obligations due to the hurricane,” Neeld said.

Neeld also expressed strong concerns that banks and other lenders will report tardy customer payments to credit reporting agencies.
“Individuals who normally pay their bills on-time and who have good credit could find out very soon that their credit ratings have eroded,” he said. This could seriously affect a person’s ability to obtain a line of credit or a home equity loan to fix a house or to reopen a business.

When Congress returns from its recess, Neeld urged members -- especially the Florida delegation –to introduce legislation that would grant bank customers who suffered hurricane loss some breathing room.

“People who are fighting to rebuild their lives, their communities, homes and their businesses should not be gouged by banks nor should they have their credit scores reduced at this very critical time,” Neeld stated.

For More Information: Robert M. Neeld (239) 549-9588


 

 

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