Find help paying your bills.
If the pandemic has impacted your finances, you may qualify for assistance or delayed payments. Check out the information below.
Loans and credit cards
Many lenders are offering non-traditional payment options for a variety of loans and credit cards. These may include deferred payments, loan extensions, reduced interest rates, waived late fees, declining to report late payments to credit reporting agencies, and other assistance.
To access this assistance, contact your lender or credit card company to request a forbearance plan based on financial hardship related to the pandemic. This would delay, rather than eliminate, your payments so be sure you understand the repayment plan agreement. Legislation stipulates that financial companies may not charge additional interest during this time. Learn more about how to request forbearance options.
Temporary student loan relief
The CARES Act and subsequent Executive Order have automatically suspended all loan and interest payments for all federally-held student loans from March 13, 2020 through December 31, 2020. You do not need to request this service or take any action. There are no penalties to the borrower. Learn more about student loan payment suspension and how to find out if your loan qualifies as federally-held.
IRS Economic Relief Payments
November 21, 2020 is the deadline to request your economic impact payment. The IRS has a website to help you locate or check the status of your IRS Economic Impact Payment.
Open a Bank Account
The FDIC has information to help you set up a bank account remotely.
Recent federal law has increased the number of people who qualify for cash unemployment benefits. If you’re not sure if you qualify, find your state’s unemployment benefits office.
Consumer Financial Protection Bureau
Explore more resources from the Consumer Financial Protection Bureau, a federal bureau focused on making the consumer financial markets work for families by empowering consumers to take more control over their financial lives.