In the VSECU Blog you'll find financial and lifestyle resources to help empower possibilities for your personal success.
What do you do when your paycheck doesn’t cover your monthly bills? This has become a larger problem for people during the pandemic, but it can be a problem at any time. You may just hit a bad month, where expenses got out of control; or you may have lost a job, found yourself caring for a sick family member, or maybe your expenses increased but your paycheck didn’t. Either way, if you’re in a situation where you’re missing bill payments or skipping meals so you can meet other financial responsibilities, it’s time to take action.
COVID-19 has caused financial and job loss for millions of Americans, including tens of thousands of Vermonters filing unemployment insurance claims and wondering about their financial futures. For many, this includes worrying about how they can continue paying their mortgage—and continue owning their homes. Thanks to new federal legislation, accommodating lenders, and grant funding, there are several ways you can keep from falling behind on your mortgage amid the financial uncertainty of COVID-19.