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Seller_Ybq5tjp6lrpjO

Amazon lending pausing loan payments...finally

Thank you to all who voiced your concerns and thank you Amazon for finally stepping up on this issue.

I’m sorry for those who had their payments taken out prior to this and needed the assistance. This help should have come sooner.

Here are the details of what I received:

Dear Selling Partner,

Effective March 26 through April 30, 2020, we will be pausing repayments on your outstanding loan with Amazon Lending. Your loan will not accrue interest during this period. Loan repayments will restart on May 1, 2020. Your next loan statement will be on the same day of the month as you have now. You will have the same number of remaining payments once repayment resumes.

Please note, it will take time to implement this change throughout our tracking systems, so you may still receive a loan repayment notice issued after that date. You can disregard the notice.

If you have questions, please reach out to amazon-lending@amazon.com.

Sincerely,
Amazon Lending

5.9K views
131 replies
Tags:Payments
870
Reply
user profile
Seller_Ybq5tjp6lrpjO

Amazon lending pausing loan payments...finally

Thank you to all who voiced your concerns and thank you Amazon for finally stepping up on this issue.

I’m sorry for those who had their payments taken out prior to this and needed the assistance. This help should have come sooner.

Here are the details of what I received:

Dear Selling Partner,

Effective March 26 through April 30, 2020, we will be pausing repayments on your outstanding loan with Amazon Lending. Your loan will not accrue interest during this period. Loan repayments will restart on May 1, 2020. Your next loan statement will be on the same day of the month as you have now. You will have the same number of remaining payments once repayment resumes.

Please note, it will take time to implement this change throughout our tracking systems, so you may still receive a loan repayment notice issued after that date. You can disregard the notice.

If you have questions, please reach out to amazon-lending@amazon.com.

Sincerely,
Amazon Lending

Tags:Payments
870
5.9K views
131 replies
Reply
131 replies
user profile
Seller_jw3HRo32wY2Hk

If you read the Imperial College study that all the current intervention/lockdown is based on (“Impact of non-pharmaceutical interventions (NPIs) to reduce COVID-19 mortality and healthcare demand”) this will go on for an awful lot longer than May 1st. Granted, Amazon may extend the concession.

80
user profile
Seller_pcnJJe2H1q9BQ

Great for a lot of People and a Smart move to help All size Businesses here on Amazon

and Cheers to Jeff and his team

440
user profile
Seller_BfsQnOxmUVHvI

i love this thank you wish it happed 3 days ago i could have used not having this payment taken out 2 days ago

260
user profile
Seller_GTzBGbfHfJ9n3

I was just going to post that i got this notice.
THANK YOU AMAZON!!!
This means i have less to worry about.
That 100 bucks a day will be welcome.
This is amazing!!!:smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts:

210
user profile
Seller_HJmHaP0plOf3O

THANK YOU AMAZON!!! Finally a huge relief after just getting pounded! I wish that this happened a few days ago before payment processed but hey, I am so grateful that Amazon finally is stepping up and helping sellers. YAYYYYYY!!!

110
user profile
Seller_oEw5wUNHgJxxP

Yes we got it to at 4:03 EDT.

It is even better than what our bank is offering as it relates to the ceasing of accruing interest. Though the banks are going for three months, with renewals each month.

Good for you Amazon Lending!

60
user profile
Seller_D9PMmaFH8dv3L

Great Move by Amazon every little bit helps with a little breathing room in this tough time.

40
user profile
Seller_7Lx7qHpKTs3qo

Just a delay before the bankruptcies hit.

80
user profile
Seller_4XucFhBTs4e6R

Sounds like the principal portion of that payment(s) will be amortized over the remaining term of the loan. Hope people budget accordingly for the payment increase. :+1:

50
user profile
Seller_MkvIgbXCv8BH3

Yippppeeee, this made my day! My heart skipped a beat when I saw the email’s subject line I can tell ya!

I’m grateful that they listened, wish it had happened sooner for a lot of other folks though. I have mine on bi-monthly payments and it was due to come out on Friday. This just gives me a little more wiggle room should my sales start to tank or I run out of inventory since my items are manufactured in India.

Thank you Amazon, you made a lot of hard working sellers very happy today :slight_smile:

50
user profile
Seller_Ybq5tjp6lrpjO

Amazon lending pausing loan payments...finally

Thank you to all who voiced your concerns and thank you Amazon for finally stepping up on this issue.

I’m sorry for those who had their payments taken out prior to this and needed the assistance. This help should have come sooner.

Here are the details of what I received:

Dear Selling Partner,

Effective March 26 through April 30, 2020, we will be pausing repayments on your outstanding loan with Amazon Lending. Your loan will not accrue interest during this period. Loan repayments will restart on May 1, 2020. Your next loan statement will be on the same day of the month as you have now. You will have the same number of remaining payments once repayment resumes.

Please note, it will take time to implement this change throughout our tracking systems, so you may still receive a loan repayment notice issued after that date. You can disregard the notice.

If you have questions, please reach out to amazon-lending@amazon.com.

Sincerely,
Amazon Lending

5.9K views
131 replies
Tags:Payments
870
Reply
user profile
Seller_Ybq5tjp6lrpjO

Amazon lending pausing loan payments...finally

Thank you to all who voiced your concerns and thank you Amazon for finally stepping up on this issue.

I’m sorry for those who had their payments taken out prior to this and needed the assistance. This help should have come sooner.

Here are the details of what I received:

Dear Selling Partner,

Effective March 26 through April 30, 2020, we will be pausing repayments on your outstanding loan with Amazon Lending. Your loan will not accrue interest during this period. Loan repayments will restart on May 1, 2020. Your next loan statement will be on the same day of the month as you have now. You will have the same number of remaining payments once repayment resumes.

Please note, it will take time to implement this change throughout our tracking systems, so you may still receive a loan repayment notice issued after that date. You can disregard the notice.

If you have questions, please reach out to amazon-lending@amazon.com.

Sincerely,
Amazon Lending

Tags:Payments
870
5.9K views
131 replies
Reply
user profile

Amazon lending pausing loan payments...finally

by Seller_Ybq5tjp6lrpjO

Thank you to all who voiced your concerns and thank you Amazon for finally stepping up on this issue.

I’m sorry for those who had their payments taken out prior to this and needed the assistance. This help should have come sooner.

Here are the details of what I received:

Dear Selling Partner,

Effective March 26 through April 30, 2020, we will be pausing repayments on your outstanding loan with Amazon Lending. Your loan will not accrue interest during this period. Loan repayments will restart on May 1, 2020. Your next loan statement will be on the same day of the month as you have now. You will have the same number of remaining payments once repayment resumes.

Please note, it will take time to implement this change throughout our tracking systems, so you may still receive a loan repayment notice issued after that date. You can disregard the notice.

If you have questions, please reach out to amazon-lending@amazon.com.

Sincerely,
Amazon Lending

Tags:Payments
870
5.9K views
131 replies
Reply
131 replies
131 replies
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user profile
Seller_jw3HRo32wY2Hk

If you read the Imperial College study that all the current intervention/lockdown is based on (“Impact of non-pharmaceutical interventions (NPIs) to reduce COVID-19 mortality and healthcare demand”) this will go on for an awful lot longer than May 1st. Granted, Amazon may extend the concession.

80
user profile
Seller_pcnJJe2H1q9BQ

Great for a lot of People and a Smart move to help All size Businesses here on Amazon

and Cheers to Jeff and his team

440
user profile
Seller_BfsQnOxmUVHvI

i love this thank you wish it happed 3 days ago i could have used not having this payment taken out 2 days ago

260
user profile
Seller_GTzBGbfHfJ9n3

I was just going to post that i got this notice.
THANK YOU AMAZON!!!
This means i have less to worry about.
That 100 bucks a day will be welcome.
This is amazing!!!:smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts:

210
user profile
Seller_HJmHaP0plOf3O

THANK YOU AMAZON!!! Finally a huge relief after just getting pounded! I wish that this happened a few days ago before payment processed but hey, I am so grateful that Amazon finally is stepping up and helping sellers. YAYYYYYY!!!

110
user profile
Seller_oEw5wUNHgJxxP

Yes we got it to at 4:03 EDT.

It is even better than what our bank is offering as it relates to the ceasing of accruing interest. Though the banks are going for three months, with renewals each month.

Good for you Amazon Lending!

60
user profile
Seller_D9PMmaFH8dv3L

Great Move by Amazon every little bit helps with a little breathing room in this tough time.

40
user profile
Seller_7Lx7qHpKTs3qo

Just a delay before the bankruptcies hit.

80
user profile
Seller_4XucFhBTs4e6R

Sounds like the principal portion of that payment(s) will be amortized over the remaining term of the loan. Hope people budget accordingly for the payment increase. :+1:

50
user profile
Seller_MkvIgbXCv8BH3

Yippppeeee, this made my day! My heart skipped a beat when I saw the email’s subject line I can tell ya!

I’m grateful that they listened, wish it had happened sooner for a lot of other folks though. I have mine on bi-monthly payments and it was due to come out on Friday. This just gives me a little more wiggle room should my sales start to tank or I run out of inventory since my items are manufactured in India.

Thank you Amazon, you made a lot of hard working sellers very happy today :slight_smile:

50
user profile
Seller_jw3HRo32wY2Hk

If you read the Imperial College study that all the current intervention/lockdown is based on (“Impact of non-pharmaceutical interventions (NPIs) to reduce COVID-19 mortality and healthcare demand”) this will go on for an awful lot longer than May 1st. Granted, Amazon may extend the concession.

80
user profile
Seller_jw3HRo32wY2Hk

If you read the Imperial College study that all the current intervention/lockdown is based on (“Impact of non-pharmaceutical interventions (NPIs) to reduce COVID-19 mortality and healthcare demand”) this will go on for an awful lot longer than May 1st. Granted, Amazon may extend the concession.

80
Reply
user profile
Seller_pcnJJe2H1q9BQ

Great for a lot of People and a Smart move to help All size Businesses here on Amazon

and Cheers to Jeff and his team

440
user profile
Seller_pcnJJe2H1q9BQ

Great for a lot of People and a Smart move to help All size Businesses here on Amazon

and Cheers to Jeff and his team

440
Reply
user profile
Seller_BfsQnOxmUVHvI

i love this thank you wish it happed 3 days ago i could have used not having this payment taken out 2 days ago

260
user profile
Seller_BfsQnOxmUVHvI

i love this thank you wish it happed 3 days ago i could have used not having this payment taken out 2 days ago

260
Reply
user profile
Seller_GTzBGbfHfJ9n3

I was just going to post that i got this notice.
THANK YOU AMAZON!!!
This means i have less to worry about.
That 100 bucks a day will be welcome.
This is amazing!!!:smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts:

210
user profile
Seller_GTzBGbfHfJ9n3

I was just going to post that i got this notice.
THANK YOU AMAZON!!!
This means i have less to worry about.
That 100 bucks a day will be welcome.
This is amazing!!!:smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts::smiling_face_with_three_hearts:

210
Reply
user profile
Seller_HJmHaP0plOf3O

THANK YOU AMAZON!!! Finally a huge relief after just getting pounded! I wish that this happened a few days ago before payment processed but hey, I am so grateful that Amazon finally is stepping up and helping sellers. YAYYYYYY!!!

110
user profile
Seller_HJmHaP0plOf3O

THANK YOU AMAZON!!! Finally a huge relief after just getting pounded! I wish that this happened a few days ago before payment processed but hey, I am so grateful that Amazon finally is stepping up and helping sellers. YAYYYYYY!!!

110
Reply
user profile
Seller_oEw5wUNHgJxxP

Yes we got it to at 4:03 EDT.

It is even better than what our bank is offering as it relates to the ceasing of accruing interest. Though the banks are going for three months, with renewals each month.

Good for you Amazon Lending!

60
user profile
Seller_oEw5wUNHgJxxP

Yes we got it to at 4:03 EDT.

It is even better than what our bank is offering as it relates to the ceasing of accruing interest. Though the banks are going for three months, with renewals each month.

Good for you Amazon Lending!

60
Reply
user profile
Seller_D9PMmaFH8dv3L

Great Move by Amazon every little bit helps with a little breathing room in this tough time.

40
user profile
Seller_D9PMmaFH8dv3L

Great Move by Amazon every little bit helps with a little breathing room in this tough time.

40
Reply
user profile
Seller_7Lx7qHpKTs3qo

Just a delay before the bankruptcies hit.

80
user profile
Seller_7Lx7qHpKTs3qo

Just a delay before the bankruptcies hit.

80
Reply
user profile
Seller_4XucFhBTs4e6R

Sounds like the principal portion of that payment(s) will be amortized over the remaining term of the loan. Hope people budget accordingly for the payment increase. :+1:

50
user profile
Seller_4XucFhBTs4e6R

Sounds like the principal portion of that payment(s) will be amortized over the remaining term of the loan. Hope people budget accordingly for the payment increase. :+1:

50
Reply
user profile
Seller_MkvIgbXCv8BH3

Yippppeeee, this made my day! My heart skipped a beat when I saw the email’s subject line I can tell ya!

I’m grateful that they listened, wish it had happened sooner for a lot of other folks though. I have mine on bi-monthly payments and it was due to come out on Friday. This just gives me a little more wiggle room should my sales start to tank or I run out of inventory since my items are manufactured in India.

Thank you Amazon, you made a lot of hard working sellers very happy today :slight_smile:

50
user profile
Seller_MkvIgbXCv8BH3

Yippppeeee, this made my day! My heart skipped a beat when I saw the email’s subject line I can tell ya!

I’m grateful that they listened, wish it had happened sooner for a lot of other folks though. I have mine on bi-monthly payments and it was due to come out on Friday. This just gives me a little more wiggle room should my sales start to tank or I run out of inventory since my items are manufactured in India.

Thank you Amazon, you made a lot of hard working sellers very happy today :slight_smile:

50
Reply

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