For example, many lenders may offerforbearance programsthat allow you to delay one or more payments while you try to get back on your feet financially. If you get on a forbearance program, the Coronavirus Aid, Relief and Economic Security (CARES) Act provides some benefits to protect your cr...
Can I advertise "FREE APPRAISAL" on a mortgage postcard, but indicate in small print (client must pay the appraisal upfront, reimbursement will apply once the loan has closed), to that statement OR "FREE CREDIT REPORT," one or the other?
Aprio’s dedicated ERC services team and PPP advisors have been on the of the forefront of educating the public and guiding clients to maximize COVID relief benefits. We continuously monitor new guidance from the SBA, as well as the Treasury, Congress and the IRS, to ensure we have the lat...
The impact of COVID-19: LendingClub offered delayed payment programs to members in financial need during the pandemic. If you want to apply for relief, you can call LendingClub’s special care line at 1-877-644-4446. FreedomPlus As another affordable personal loan provider, FreedomPlus’ loa...
Credit card balances dipped in Q1. Credit cards are the dominant payments method for consumers, having largely replaced checks and cash. They’re used to pay for anything, from bar tabs to expensive business trips that get reimbursed. Many small business owners use credit ca...
Interaction with Other COVID-19 Relief Programs Conclusion Introduction As we navigate through unprecedented times brought about by the COVID-19 pandemic, businesses around the world are searching for ways to support their employees and stay afloat. In response to this, the U.S. government introduc...
If you have an existing balance on a business credit card, abalance transfer cardcould help you save significant interest. “A balance transfer can provide some payment and cash flow relief in the short-term if that’s what’s needed, while also saving money on interest costs,” says Chad...
“Goldman, Goldman you can’t hide, we can see your greedy side”; “Hey, hey, ho, ho, Government Sachs has got to go”; and “Hey Sachs, get off it, put people over profit.” Some protesters wore garish swamp creature masks to mock Donald Trump over his...
In addition to the PPP, businesses should also consider the interaction of the ERC with other relief programs such as the Families First Coronavirus Response Act (FFCRA), which provides paid leave for employees affected by COVID-19. It is important to understand that if a business received tax...
And, you can ask for a deferment for a credit card as well; each issuer has their own relief programs. Four questions to ask about loan forbearances in the age of COVID-19 According to a recent survey from Lending Tree, 1 in 5 people didn’t know they could ask for help due to ...