Author Topic: Financial Assistance  (Read 11960 times)

Offline shapsam

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Re: Financial Assistance
« Reply #20 on: March 20, 2020, 09:13:01 AM »
Children are also based off the 2018 return or current?

Offline YesThatsMe

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Re: Financial Assistance
« Reply #21 on: March 20, 2020, 09:30:32 AM »
Would highly doubt that, I imagine children would count up to date

Offline yos9694

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Re: Financial Assistance
« Reply #22 on: March 20, 2020, 10:11:01 AM »
Isn't it just a loan though? I'm not up to date on the latest version of the plan, but in many iterations the money would have to be paid back in a future tax year (similar to the first time homebuyer credit).

Offline CountValentine

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Re: Financial Assistance
« Reply #23 on: March 20, 2020, 10:13:21 AM »
Isn't it just a loan though? I'm not up to date on the latest version of the plan, but in many iterations the money would have to be paid back in a future tax year (similar to the first time homebuyer credit).
So they are going to send everyone a check without even asking and then say you have to pay it back later? Political suicide!!!
Only on DDF does 24/6 mean 24/5/half/half
Dow Jones Industrial Average Tops 40000 for the First Time

Offline yos9694

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Re: Financial Assistance
« Reply #24 on: March 20, 2020, 10:14:46 AM »
So they are going to send everyone a check without even asking and then say you have to pay it back later? Political suicide!!!

Not everyone! They are saving at least 5% on the plan by excluding people over the AGI limit. G-d forbid if we're not progressive.

Offline CountValentine

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Re: Financial Assistance
« Reply #25 on: March 20, 2020, 10:19:42 AM »
G-d forbid if we're not progressive.
Times change everything. The R's are now the progressive/socialist party. Free money to every person and company.  :)
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Offline yos9694

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Re: Financial Assistance
« Reply #26 on: March 20, 2020, 10:21:28 AM »
Times change everything. The R's are now the progressive/socialist party. Free money to every person and company.  :)

Here's how the actual live conversation went as they came up with this

Q: Should we give out monies for financial relief or make people pay it back next year?
A: People are not banks! They are not too big to fail! Of course they have to pay it back.

Q: Should everyone get the stimulus money?
A: That would greatly simplify the process and get the money out fastest. BUT! We can cut costs here. If we exclude the top 5% of earners then we can easily save 5% on this package. That's whopping- even Dansdeals jumps at a chance to save 5%. Well worth delaying the payments for this, think of it as a Subscribe&Save delay or a no-rush shipping credit.

Online cgr

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Re: Financial Assistance
« Reply #27 on: March 20, 2020, 12:09:30 PM »
Interest waived on all federally held student loans for 60 days.

Online cgr

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Re: Financial Assistance
« Reply #28 on: March 22, 2020, 01:38:48 PM »
I created a site for all financial assistance available during this difficult time. This is for both individuals and businesses (geared primarily to NYC/NYS, but has other stuff as well)

Please share with as many people as possible, so we can help each other out during this crisis!

http://chaiplus1.com/

Online YitzyS

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Online cgr

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Re: Financial Assistance
« Reply #30 on: March 25, 2020, 06:18:13 PM »

Online YitzyS

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Re: Financial Assistance
« Reply #31 on: March 25, 2020, 06:25:20 PM »
Thanks @YitzyS. Is that the same as the Financial Hardship program?
I only know the info that was tweeted, though I imagine American Express won't publish anything, because they don't want to invite people to apply. Maybe ask the DDF community if anyone took advantage and how it played out.

Online YitzyS

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Re: Financial Assistance
« Reply #32 on: March 25, 2020, 06:29:02 PM »
Thanks @YitzyS. Is that the same as the Financial Hardship program?
Or ask him directly. I PMed you his email address.

Online moko

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Re: Financial Assistance
« Reply #33 on: March 25, 2020, 07:19:44 PM »
My bank (People's United Bank)  just deferred 3 months of mortgage payments. You essentially have 3 months longer on the loan and no payments for the next 3 months. The interest portion is capped at the current rate and added as fee at the end of the loan instead of as interest to prevent it from accruing more interest....

Online Yef

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Re: Financial Assistance
« Reply #34 on: March 25, 2020, 07:41:54 PM »
My bank (People's United Bank)  just deferred 3 months of mortgage payments. You essentially have 3 months longer on the loan and no payments for the next 3 months. The interest portion is capped at the current rate and added as fee at the end of the loan instead of as interest to prevent it from accruing more interest....
Did you actually do it with them? Did you see the text somewhere?

Online cgr

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Re: Financial Assistance
« Reply #35 on: March 25, 2020, 07:48:38 PM »
I created a site for all financial assistance available during this difficult time. This is for both individuals and businesses (geared primarily to NYC/NYS, but has other stuff as well)

Please share with as many people as possible, so we can help each other out during this crisis!

http://chaiplus1.com/

Just added California. More states coming soon!

Online moko

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Re: Financial Assistance
« Reply #36 on: March 25, 2020, 08:23:40 PM »
Did you actually do it with them? Did you see the text somewhere?
I actually did it. I was calling about why they hadn't pulled my March payemt from my checking account and they actually mentioned it.

Offline Mordyk

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Re: Financial Assistance
« Reply #37 on: March 25, 2020, 09:23:10 PM »
Just added California. More states coming soon!
very special!  can you please add NJ.  for me its one big mumble jumble

Offline yungermanchik

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Re: Financial Assistance
« Reply #38 on: March 25, 2020, 09:27:11 PM »
Kol Haolam
Quote
Agudah set up a free hotline to assist in accessing mortgage assistance programs across the country by dialing 718-435-1300 ext 120
.
Small people talk about other people.
Average people talk about things
BIG PEOPLE TALK ABOUT IDEAS.

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Re: Financial Assistance
« Reply #39 on: March 25, 2020, 09:41:19 PM »
Workflowy. You won't know what you're missing until you try it.