Credit cards can be useful, but they can quickly get you into difficult situations. Racking up too much credit card debt can plunge you into a never ending cycle of double digit interest rates and ruin your credit score. This quickly becomes a major obstacle in your journey towards financial freedom. At some point you have to take action, but what exactly should you do?
On Friday afternoon, President Trump signed into law a $2 trillion stimulus bill to provide economic relief to businesses and individuals affected by the coronavirus pandemic. After several weeks of uncertainty, the final package does include a direct payment provision to get cash into the hands of struggling Americans. Here’s how these payments will work.
With balances surpassing $1.6 trillion, student loans have become a hot button political issue in recent years. In response to the ongoing coronavirus pandemic, the federal government has granted borrowers some much needed relief. On March 20, the Department of Education announced provisions that were further expanded by the CARES Act stimulus package. Here’s what you need to know.
The coronavirus pandemic has already upended the American job market, resulting in the filing of over nine million first-time unemployment claims in the last two weeks alone. In response, Congress created the Paycheck Protection Program (PPP) to help small businesses keep workers employed. Here’s how you can benefit.