 TITLE: What Is a Credit Card Hardship Program? CONTENT: Not all credit card issuers offer hardship plans, and those that do generally don't advertise them (although many did at the start of the COVID-19 pandemic). These plans may include deferred payments, temporary reductions in your annual percentage rate (APR), relief from late fees, an installment plan to pay off your balance over time or other arrangements.\nWhen a financial setback hits, essentials such as rent, utilities, mortgage payments and groceries often take priority over credit card payments. But even if you're making your minimum monthly payments, interest on your credit card balance can add up. Credit card hardship plans provide some short-term relief that can make it easier to get a handle on your financial obligations. END