The Money Matters powered by Arvest Bank team, led by Deacon Charles Thomas, has provided some helpful tips to get you through this difficult season as the COVID19 crisis impacts your personal finances.
Remember, if you are able to continue making payments to your creditors, please do. For those who are not able to, you may find these options helpful:
- Contact and call all creditors for deferred payments for two months or more. This applies to Auto loans, credit card debts, mortgage loans, and more. You can also contact your utility companies for deferred payment information. The President and state governors have asked businesses to work with the American people in terms of finances.
- For renters, landlords have been asked not to evict people doing this period, however, please speak personally with your landlord. There may be important information you need to know about lesser or deferred payment options specific to your housing situation.
- Take a look at your budgets and make the proper adjustments based on your current income. For example, if you are paying $250 a month for AT&T Uverse, and you are only watching a few channels, you might want to lower your plan.
Want to better understand the stimulus plan and what it means for your household? Here is a link to helpful information about the government disaster assistance plan.
Please use all resources that are available to you doing this season.
TIPS & TOOLS
Classes normally meet in a smaller classroom setting and are not streamed. However the response was so great during the first session that we provided streaming content. We have made that content available below for continued use by the public.