Millions of people are suddenly finding themselves without work due to the novel Coronavirus, also known as COVID-19.
On March 26, more than 3 million people in the United States filed for unemployment, the most ever in a week.
Those looking for help making ends meet are looking for ways to pay their bills.
Government Stimulus Program
The Senate finally approved a $2 Trillion stimulus plan which includes direct payments of $1,200 to Americans earning up to $75,000 annually. The plan will even extend payments to freelancers and gig workers. The payments are expected to start arriving within a few weeks.
Additional government resources:
- State-by-state list of Unemployment Assistance
- Healthcare and Medical Assistance
- Food and Nutrition Assistance
The Modest Needs Grant
This grant can provide assistance to individuals or families that are enduring hardship, but are not eligible for poverty-level assistance. You'll be asked to provide reasons you need assistance, and proof of income. The application may take between 30 and 60 minutes to complete so be sure to set aside enough time.
BillSupport is working to help to match people who need assistance with those who want to help. It's specifically meant for people affected by COVID-19. Here's how it works: you upload your bill or receipt image (be sure to black out any personal information), some basic information about yourself, and a description of your hardship. There is no guarantee that someone will offer to pay your bill, but if someone does decide to pay your bill, you'll be paid directly. Payments are made directly between people using Venmo.
If you're looking for assistance in the form of a personal loan, there are many options available. Make sure you understand the process of how to apply and qualify for a personal loan before you start down that path.