Toyota Accelerates Aid to Furloughed Workers
Railing against egos, Zooey Glass in J.D. Salinger’s Franny and Zooey quipped: “There are nice things in the world — and I mean nice things. We’re all such morons to get so sidetracked.” With the partial government shutdown still dragging on, it is becoming harder and harder not to take a cynical view, to notice the nice things, as sidetracked politicians endlessly bicker in Washington.
Thankfully, corporations are stepping in to restore some humanity in this politically polarized world. The Detroit News reported on Tuesday that Toyota Motor Corp. (NYSE: TM) is offering loan payment deferrals for customers who have been furloughed and for those whose livelihoods have been greatly impacted due to the government shutdown. By doing so, Toyota joins Hyundai Motor Co. and Nissan Motor Co., both of which started offering comparable programs at the beginning of the shutdown.
There are conditions, though, which AutoGuide outlined. Furloughed customers using Toyota Financial Services or Lexus Financial are only eligible for the deferred payment option if their accounts are in good standing. Deferrals are available for up to three months, and customers need to contact a services representative to see if they qualify.