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Credit Repair Services and Information |
Credit Repair Services and Information Midwest Flooding - Financial Information for Victims There is help for victims of the wild weather that has impacted so many Americans in 2008. Individuals and businesses impacted by the 2008 flooding across the Midwest face enormous challenges in terms of housing, employment, and keeping up with financial responsibilities. Businesses, banking, and mortgages have all been greatly affected. Government, business, and non profit groups are rising to this challenges that so
many people currently face. Financial aid for individuals and businesses, along
with suspended mortgage payments, loan assistance, and other methods can all
assist in helping the flood victims and communities affected get back on their
feet. The FTC (June 2008) reports that 64,604 disaster victims In Iowa, Indiana, Wisconsin, Illinois and Missouri have registered for assistance. FEMA has already approved the distribution of $181.6 million for housing assistance and other disaster-related needs. In addition, The National Flood Insurance Program has already paid nearly $4.5 million in claims, and the Small Business Administration has already approved $28.1 million in loans. The U.S. Department of Agriculture (USDA) has provided $4 million in Disaster Food Stamp Program benefits and supplements 12,000 households in Indiana, Iowa, Nebraska and Wisconsin. (Read more here) Many helpful links are listed below. This information is intended to help victims find the information, resources, and services that can help to lessen the personal economic blow that the Midwest floods have caused. Midwest Flood Response and Recovery at usa.gov. FEMA - Information and links for consumers and businesses. Apply for FEMA disaster assistance Tax relief for disaster victims from the IRS United States Small Business Administration - Great resource for all businesses impacted by flooding. Federal Trade Commission - Advice from the FTC about credit reports, accessing credit reports, and tips about what information to provide and who to provide it to. Our hearts go out to those affected by the severe flooding of 2008. We urge all those impacted to take the time to access available funding so that they might get back on their financial feet as soon as possible. Follow the advice of the many government and non profit agencies out there to help ensure that this disaster does not negatively impact your credit or financial future. Assess any impact these natural disasters may have had on your credit reports by submitting one of many free credit evaluations available online. If you need professionals to fix an already negative credit score, read more about what to look for in assessing credit repair companies. |
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