SLICKYINC
Beef n cheddar
- Joined
- Jan 17, 2010
- Messages
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I appreciate that and that info is helpful. Thankfully I’m not in a situation that a couple weeks without pay won’t send me into a tailspin. But for some of the people I work with whether it be poor planning, newer hires or whatnot, it’s gonna hurt.Tough situation. Sorry. Not implying you need it, but if the need comes (for anyone), I would advise calling any banks you owe, and advising them of your situation. I'd estimate many mortgage and financial institutions are implementing leniency protocols. I know State Employees' Credit Union here in NC started pushing back loans for all furloughed employees during past govt shutdowns. I'd bet they are doing that and then some right now for everyone.
Point being - if anyone is in financial distress because of all of this - don't be afraid to contact your bank to see what relief they may be offering. They won't automatically give relief to all in a blanket manner. Asking is much better than drowning and losing your house, car, or having a credit card/personal loan charged off when all it took was a call.
Fwiw, many institutions offer options even during regular times. But most people never ask proactively.
My brother owns his own granite business and my FIL owns his own commercial construction business and they’ve both offered me to come work next week and I’m gonna take them up on it just so I can keep toilet paper stocked up.