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Resources for COVID-19 Financial Help

by Contributing Author

Money problems and the pandemic have gone hand in hand. As a result, the government is offering COVID-19 financial help in these times of extraordinary need. There are also debt relief programs available for those that need help settling their debts.

Programs were developed to ensure victims of the pandemic would be helped efficiently to ensure basic needs were met in the following areas:

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  •   Medical care

  •   Housing and utilities 

  •  Caregiving for children or other family members. 

   •  Telephone and internet to help you stay in contact

     • Transportation

Consumer Debt

The Coronavirus Aid, Relief, and Economic Security (CARES) Act has forbearance and credit reporting requirements that may apply to your situation. Looking into these resources will reveal a number of ways you can protect your credit during the pandemic. If things have progressed further than the program can help you, get an idea of what’s going on in the private sector in terms of debt relief programs. 

Housing Aid

If you are a homeowner and are looking for mortgage assistance there are free consulting services being offered. This is a great opportunity because in a pandemic the last thing anyone needs to be worried about is whether they will be homeless tomorrow or if the bank will take their house. 

Aside from that, the government has a plethora of resources that help families in need, provide moving costs, and offer security deposits and the prevention of being evicted. While the Fed is looking out for you it is a good move to go in the right direction and sort of your financial issues by visiting so you can find out more on how to live a debt-free life.

Medical Care

Pharmaceutical companies, private hospitals and local health clinics have taken it upon themselves to offer certain healthcare opportunities for free and others at reduced f prices. This is to allow everyone to get some sort of medical help without breaking the bank during this harsh pandemic that has seen many lives lost. 

The government has also stepped in with new regulations in order to ensure that no one is overcharged for medical procedures that they receive. This is to ensure the citizens that have financial hardship avoid complete financial ruin as has happened in the past. This is the same for prescription drugs. Many prescription drugs are being given out for free due to the government grants to the medical society as the pandemic has made it difficult to live normal lives.

Food Assistance

Food banks are also helping people by the day. Churches, non-profit organizations and local charities are also on the scene to help people. 

Some generous communities have also set up food bins so that those who can donate and go through and donate. The food will be given to charity and fellow neighbors that are currently facing hard financial times during the pandemic. 

This debt relief program was set up in order to help everyone during the pandemic as it not an easy time for everyone. Thus, it can be noted that the government is chipping in in order to make sure that its citizens are not going to financial ruin by setting up all the debt relief programs.

The resources for COVID-19 financial help have made lives considerably easier, for those who have taken the time to learn about them. Long story short, you’re not alone, don’t struggle in silence there is lots of help available.



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