Credit Cards

  Summary Many health insurance and auto insurance companies are providing some type of financial relief due to COVID-19. Check to see what your insurance companies are offering. Reductions may be retroactive to March. Some insurance companies, specifically health insurance and auto insurance companies, are providing some type of financial relief, such as reducing premiums,

  Summary Due to the coronavirus, you can withdraw up to $100,000 from your 401(k) without a penalty. You can also borrow up to $100,000 and pay yourself back with interest. Withdrawing or borrowing from your 401(k) should still be a last resort. You have probably heard many times, “do not touch your 401(k).” While

  Summary If you have not yet received your payment, you can check on the status of your Economic Impact Payment on the IRS new online tool, Get My Payment.  The IRS began depositing stimulus payments to consumers the week of April 13.  The Internal Revenue Service (IRS) began depositing stimulus payments for millions of

We recently held our first live Q&A on Twitter to answer your questions about navigating finances during this challenging time. We received a lot of great questions about everything from the stimulus checks to refinancing mortgages, so we wanted to share a summary here for those that have similar inquiries. We are planning to host

  Summary If you are seeking payment deferments, make sure you get agreements in writing from your lenders.  Protecting your credit score and credit report is your responsibility. Monitor your credit report on a regular basis to make sure there are no errors. Monitor all three reports from Experian, Equifax, and TransUnion. If you are

  Summary Study found that 71% of customers changed major life plans due to COVID-19 87% of customers changed spending habits One in five lost their job in the past 30 days A new Credit Sesame survey of more than 1,000 Credit Sesame customers in early April 2020 found that the coronavirus has forced 71%

  Summary Keeping employees on payroll can potentially lead to a forgiven loan. Recommendations for small business owners to help stay financially afloat during this time.  Our partner, Fundera can provide guidance on how to navigate the impact of COVID-19 on your business as well as access to SBA Paycheck Protection Program funding and various

Summary The Internal Revenue Service (“IRS”) will automatically send eligible recipients a stimulus payment. The amount is based on the recipient’s total income. Estimate your stimulus payment amount with our calculator.  The IRS will calculate and deposit the payment into the recipient’s bank account, based on the banking information on their tax return. Qualified individuals

  Summary Phishing is becoming more sophisticated and more frequent. Watch out for red flags, such as being asked for your personal details over the phone.  Proactive steps to protect your identity include shredding documents with personal information and creating strong and different passwords for each account. While phishing scams (when hackers pose as a

  Summary If you can pause payment on any bills, that will free up more money for groceries, medications and essential household items. Put aside some money for emergencies. Consider supporting local businesses and restaurants that are only open for delivery and takeout. The latest on the Coronavirus stimulus checks and tax refunds The stimulus