The SBA’s $349 billion Paycheck Protection Program, known as the PPP loan program for small business owners, has run out of money less than two weeks after it was launched. According to the Small Business Administration, the agency approved 1.66 million loans from 4,975 lenders before the cash dried up on Thursday, April 16, 2020 […]
SBA’s PPP Loan Program Runs Out of Cash: What Now? Here are Your Options Read More »
If the coronavirus outbreak has affected your income – through a COVID-19 layoff or reduced work hours – paying your credit card debt and other bills may be a struggle. Most Americans have housing payments (either a mortgage or rent), plus obligations like car notes, student loans, insurance and utilities too. But for many people,
Coronavirus and Credit Card Debt: What Lenders Want You to Know and Do During COVID-19 Read More »
COVID-19 has brought great uncertainty to people all across America, particularly those who have lost their jobs or income and are now eligible for unemployment benefits. With so many U.S. businesses shutting their doors, and millions of Americans forced out of work due to the coronavirus outbreak, Congress passed The CARES Act to provide financial
Unemployment Benefits: FAQs About The CARES Act and Unemployment Insurance Read More »
COVID-19 has thrown many people into an economic tailspin. From small businesses to individuals, many are reeling from the impact this public health crisis is having on everyone’s current and future financial plans. In March, Congress passed three bills to help soften the blow of the outbreak’s effect on the economy, and there are even
Unemployment Benefits: Are You Eligible Under the CARES Act? Read More »
The $349 billion Paycheck Protection Program (PPP), which offers forgivable PPP loans to America’s small business owners and contractors, is shaping up as one of the most in-demand lending programs ever from the Small Business Administration. After the PPP loan initiative was in effect for only 3 business days, on April 7, 2020 President Trump
Who Qualifies for the SBA PPP Loan? Read More »
Q: At the beginning of 2020 I had decided that I was going to buy a home this year. I’m currently taking financial fitness and homebuyer courses to get my credit in shape, etc. I work for the DoD and my job is considered mission essential, so I am able to work 100% remotely and I’m
Should I Still Buy a Home During the Coronavirus Pandemic? Read More »
Q: I have a question regarding the stimulus package. In your video, you mentioned that people who once didn’t qualify for unemployment now do through the new stimulus guidelines. Does that include clergy working for churches? Thank you for your time. A: Thanks for your question. It’s a good one. And I hope you’ll be
Are Clergy Members Eligible for Unemployment or Stimulus Checks Under the CARES Act? Read More »
To fight COVID-19 and the coronavirus pandemic, Congress in March 2020 passed three separate economic relief bills to help struggling individuals and businesses. The first was the $8.3 billion Coronavirus Preparedness and Response Supplemental Appropriations Act of 2020. The second initiative was the $3.5 billion Families First Coronavirus Response Act. And the largest of the
Video: Your Benefits Under the CARES Act – Facebook Live Read More »
The COVID-19 outbreak has forced millions of Americans nationwide to apply for unemployment benefits throughout every state in the country. To offset the financial damage from the novel coronavirus, Congress passed the Coronavirus Aid, Relief and Economic Security Act, also known as the CARES Act, which extended unemployment benefits by 13 weeks. The CARES Act
2020 List of State Maximum Unemployment Benefits with State Websites and Phone Numbers Read More »
To fight COVID-19 and the coronavirus pandemic, Congress in March 2020 passed three separate economic relief bills to help struggling individuals and businesses. The first was the $8.3 billion Coronavirus Preparedness and Response Supplemental Appropriations Act of 2020. The second initiative was the $3.5 billion Families First Coronavirus Response Act. And the largest of the
COVID-19 and Coronavirus Cash: 7 Ways to Get Fast Money and Economic Relief Read More »
The emotions of becoming a new parent speak for themselves and cannot truly be understood until you’re the person or couple experiencing this major life milestone. With the ups and downs, smiles and laughter, and utter chaos in between, it can feel overwhelming to navigate anything else fully while adjusting to be a new parent.
The New Parent Guide to Planning for the Future Read More »
February is Black History Month and while we celebrate the accomplishments and achievements of many African-Americans, we also recognize that there’s so much more to do — especially economically. In the spirit of uplifting the financial status of the Black community, here are five financial lessons from 5 great Black leaders. James Baldwin As a novelist, playwright
5 Financial Lessons From 5 Great Black Leaders w/Video Read More »
Data gathered and calculated by LearnBonds.com indicates that the net worth of Tesla Chief Executive Elon Musk is now six times more than the combined wealth of top 20 richest Hollywood actors. Cumulatively, the actors net worth is $6.55 billion, while Elon Musk enjoys the $40 billion net worth. Musk ranks in the ninth position among the
Elon Musk 6x Richer Than Top 20 Hollywood Actors Combined Read More »
Setbacks are an inevitable part of life. They can be small, such as a simple mistake, or large, like the loss of a job. In any case, they are often difficult to deal with and can have serious consequences. The best way to handle setbacks is to recognize them for what they are and take
Do You Know Someone Facing a Setback? Read More »
Just in time for the Martin Luther King, Jr. holiday, Black billionaire Robert F. Smith is being honored for his HBCU generosity and leaving a positive financial legacy in the African American community. In the midst of a commencement address this year, Robert F. Smith casually worked in a shocker. He was going to
Billionaire Robert F. Smith a Texan of the Year Finalist Read More »
