If you made accommodations with your lenders or creditors due to financial hardships related to coronavirus, follow these steps from the Consumer Financial Protection Bureau (CFPB) to ensure that your credit reports and scores are not negatively impacted. On this page you’ll also find helpful info relating to mortgage relief options, student loans and avoiding scams!
News from the Reference Desk Category: Finance
Who can apply?
Small Businesses are eligible if they are:
Independent Contractors are eligible if you are:
If you are a renter and have questions about your rights, the Consumer Financial Protection Bureau has some information that may be helpful HERE.
The CARES Act, which was recently passed by Congress, provides certain protections for most tenants in federally subsidized or federally backed housing, including limits on evictions and fees for not being able to make your rent payment.
Some states and local governments have taken action to offer rent relief.
In addition, there are a number of resources and professionals who can help with your housing or financial situation, including nonprofit credit and housing counselors.
Money Smart week, originally scheduled for April 4-11 this year, was canceled like almost everything else due to the COVID-19 precautions. Financial literacy doesn’t stop being relevant, however, and so in an expanded celebration of Financial Literacy Month all April, the good folks behind MSW have created useful, educational, and insightful webinars on various topics. Each topic is uniquely relevant to our current environment and is pre-recorded so you can view them when it is most convenient for you! Just click on the links below:
-Medigap Insurance: How to Pick the Right Plan
Another canceled MSW program that will give you insights into which plan is right for you and how to use the tools available at MPPL to access related information.