Almost everyone in America has been a victim of identity theft or knows someone who has been. A criminal who has your Social Security number can use it to get other personal information about you. Identity thieves will often use your number and your good credit to apply for more credit in your name.
There are many items that count as income when determining your Social Security income. However, there are also items that do not count as income and do not affect your Social Security income.
There are items that are counted as income by the SSA (Social Security Administration) as well as those that do not. Here we will list many of the items that count as income and can affect your Social Security benefits.
America is seeing the highest numbers of unemployed people in almost 100 years due to the COVID financial crisis. No one person is going to get rid of the coronavirus, but as we get back to work and gradually move to a more ‘normal’ situation, there are many opportunities being created for those that are prepared.
However, it is difficult and takes time to prepare for a possible job loss. Some come suddenly and without warning as what is happening due to the COVID virus. There is no way anyone could have anticipated this situation.
There is almost no question that the economy will go into a financial recession as we come out of the COVID-19 crisis. Japan is already reporting financial recession conditions, and the U.S. is sure to follow with the high unemployment numbers and many small businesses that are not going to recover from the shutdown.
The biggest impact is that the CARES Act provides consumer credit reporting agencies with guidelines to follow, as outlined in the Act. The guidelines are trying to limit the long-term effects suffered by those in financial difficulty. By providing protection, the Act can keep negative reports from showing on one’s credit report.
In recent reports, there have been many new scams aimed at getting money from victims. In fact, these same reports from law enforcement say there is an explosion in scams and cybercrime related to the coronavirus outbreak. There are things you can watch for and actions you can take to avoid falling prey to a scam.
Whenever you check your credit card balance, you will be presented with two balances, a statement balance and a current balance. These balances are different and can be confusing, especially when you are trying to find out which balance you should pay first to avoid interest charges and improve your credit utilization ratio.
Emergency loans are processed quickly as your loan application is verified within a few minutes. Once approved, you will receive funds in your checking account the next business day.
