Q: My credit union reported late loan payments when I was unemployed due to COVID-19, after being accommodated?
I was paid unemployment (California) based on $3,000 out of $38,000 in wages, against CARES Act calculation of unemployment for pandemic effected workers, and received only $87/week instead of $369, which disqualified me for extra $300/week in federal assistance.
As of Jan 31, 2020, I was not late on my RV loan. I received a COVID-19 extension for the RV while I was current in spring of 2020. I was reported as being late for my RV a total of five times, and five for my auto loan. I was given a COVID-19 extension for my auto loan late February when my field of massage therapy shut down in California. The reporting on my credit impacted my auto insurance, raising it over $100/month. I informed mountain America credit union I was owed more by unemployment and could repay them / work out a payment plan when I received the $10,000 I am still owed, but they told me to stop contacting them and repossessed my RV. Prior to COVID-19, I had a 100% rate of on time payments since May 2017.
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