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Saturday, 4 May 2024

What to do if you can't pay your bills

Credit: NBC 26 Wisconsin
Duration: 02:11s 0 shares 1 views

What to do if you can't pay your bills
What to do if you can't pay your bills
What to do if you can't pay your bills

PAYING BILLS SHOULDGET IN TOUCH WITHTHE PEOPLE ORCOMPANIES THEYOWE.SAYING, THERE AREOFFERS OF RELIEF.HERE'S N-B-C 26'SRYAN CURRY.-PKG-IT'S THE FIRST OF THEMONTH..

WHICHMEANS RENT ..MORTGAGE ..UTILITIES AND OTHERBILLS ARE SOON DUE.HOWEVER ..

THECORONAVIRUS HASLED MANY STORES TOCLOSE .

LEAVINGSOME WITHOUT JOBS.(TAKE SOT:"indivuduals are probablygoing to start toexperience the economisimpact of this virus if theyhaven't already."MICHAEL MACCO IS AFINANCIAL ADVISER INGREEN BAY.I SPOKE WITH HIM ONA ZOOM VIDEO CALLABOUT WHAT PEOPLESHOULD DO WHENLOOKING AT A BILLTHEY CAN'T AFFORD(TAKE SOT:"When someone looks attheir mortgage bill orcredit card bill and sayshow am I going to paythat, what are theiroptions?"I would proactivelyreach out to your lenderor financial institution andsay hey I see this or askthe question are youhelping people who arestruggling with thesepayments?HE SAYS MANY BANKSIN BROWN COUNTYARE DOING THEIRPART TO HELP THECOMMUNITY.ASSOCIATED BANKARE OFFERINGDEFERRED PAYMENTOPTIONS ..

AND ARESUSPENDING THEIRFORECLOSURE ANDREPOSSESSIONPROGRAM FOR 60DAYS.(TAKE SOT:"They are moving theirpayments and those areall good thingsBUT MACCO SAYS NOTEVERY BANK ORCOMPANY ISOFFERING RELIEF.HE SAYS EVERYONESHOULD DOUBLECHECK THEIROPTIONS AND ASKFOR HELP.(TAKE SOT:"If you are going tocontact your bank, asthem about that loanprovision."HE ALSO SAYSANYONE STRUGGLINGTO AFFORD BILLSBECAUSE OF JOBLOSS ..

SHOULD APPLYFOR UNEMPLOYMENTRIGHT AWAY.AND IN THE EVENT ANECONoMIC FALLOUTHAPPENS IN THEFUTURE ..

HE SAYSPEOPLE SHOULDSAVE SOME MONEY.(TAKE SOT:"Not that this pandemicwill happen again,recessions happen.

It ispart of life, we have hada dozen in the last 100years."RYAN CURRY ..

N-B-C26.FOR MORE DETAILSON FINANCIAL HELP.YOU CAN GO TO OURWEBSITE ..

N-B-C 26DOT COM.

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