SECTION 1. Section 52 of Chapter 93 of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by inserting, after subsection (6), the following new subsection:-
(7) Any late installment loan payments due to the financial impact from the 2020 COVID-19 pandemic. Applicable installment loans include, but are not limited to, mortgages, auto loans, personal loans, student loans, and outstanding monthly credit card balances. Payments due from the period beginning March 10, 2020 until thirty days after the Governor’s State of Emergency Order is rescinded shall be deemed applicable.
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