CashForCars.com has become a part of various communities all over the United States. With almost 200 locations, we are invested in the communities that we serve and want to give back. We have created CashForCarPayments as well as a list of COVID-19 Resources for those who are looking for relief during these difficult times.
- Government Resources
- Regional Resources
- Financial Institution Resources
- Industry-Specific Resources
- Military Resources
- Student Resources
- Cash Giveaways
- Other Resources
- What is CashForCarPayments?
The economic stimulus package is still shrouded with confusion as people become more and more in need of financial assistance. Here are the key points of the Economic Impact Payment that you need to know:
- You are not required to take any action by the IRS unless you are not required to file a tax return
- $1,200 checks will be sent to individuals who make $75,000 or less yearly
- $2,400 checks will be sent to married couples who are filing jointly and make a combined income of $150,000 or less
- An additional $500 will be added to the check for a qualifying child dependent under the age of 17
Of course, there are more requirements and intricacies to the stimulus checks. The list above is relevant to the majority of taxpayers. We recommend getting more information from the IRS’s website. CLASP’s article also defines the ten most important things to know about Economic Impact Payments and more concise explanations.
Beginning in March 2020, state unemployment insurance now covers workers who were not eligible before. Also, the weekly benefit amount increased by $600 until July 31st, 2020. There have also been an additional 13 weeks of benefits added for people who are still unemployed but their state benefit period ran out. CareerOneStop.org created this tool to check your state’s current unemployment insurance laws. They also wrote this article to learn more about the updates made to unemployment benefits due to COVID-19.
The Community Foundation, a foundation that focuses on philanthropic efforts in communities all around the United States, created this list that provides COVID-19 resources and relief funds based on state and/or city.
Financial Institution Resources
Many banks and financial institutions have seen the effects that COVID-19 has had on their customers. This list from Nerdwallet.com, a financial advisory site, has outlined what different banks are doing for their customers. Some of the banks included are:
- Bank of America
- Capital One
- Wells Fargo
The Restaurant Opportunities Center United, a nonprofit organization that fights to improve wages and working conditions for the restaurant industry’s workforce, created this list of funds and organizations that can provide aid to restaurant workers during the COVID-19 pandemic.
Gig Workers, Contractors, and Freelancers
Self-employed workers are now eligible for unemployment benefits until July 31st, 2020. You can check your state’s unemployment benefits using CareerOneStop.com’s tool here!
Freelancers Relief Fund: This is fund is for freelancers who work from gig-to-gig. They can receive $1000 in utility payments, food, or cash assistance from lost work. You can also donate to the Freelancers Relief Fund here!
The Workers Fund: This fund is to assist self-employed, low-earning contractors or gig workers who have lost wages due to the COVID-19 pandemic.
COVID-19 Freelance Artist Resource, a collective created to help struggling freelance artists during the COVID-19 pandemic, has created a huge list of freelance artist emergency funding resources.
The Joan Mitchell Foundation, an organization set up in honor of the visual artist Joan Mitchell that assists visual artists, curated this list of emergency resources for visual artists who are struggling during the COVID-19 crisis.
MusiCares COVID-19 Relief Fund: MusiCares has created an emergency relief fund for musicians who are having financial difficulty during the COVID-19 pandemic due to canceled gigs and performances.
I Care If You Listen, a blog and video platform for contemporary music, created this list of COVID-19 emergency funds for artists from all disciplines!
The PenFed Foundation, a foundation created to ensure financial stability for United States military members, created this list of emergency COVID-19 relief funds specifically for members of the military.
Air Force Aid Assistance: An assistance program designed to help active air force members through emergency financial situations.
Army Emergency Relief COVID-19 Response: A relief program created to help active duty, retired, and disabled soldiers who need emergency financial assistance.
Coast Guard Mutual Assistance: An assistance program meant for coast guard members who are going through difficult financial situations.
PenFed COVID-19 Emergency Financial Relief Program: A relief program that provides up to $1500 to active-duty, active in the Reserves, honorably discharged veterans, and the National Guard that are under a financial burden due to the effects of COVID-19.
30 Days Free Storage for Students at UHaul: For students who do not have a place to store their things amid the ejection of college students from dorm rooms due to the spread of COVID-19. UHaul is offering 30 days of free storage to college students!
Scholly COVID-19 Student Relief Fund: For college students, parents of college students, or college graduates who need financial assistance during the COVID-19 pandemic. $200 in cash assistance to help buy groceries, health supplies, and other necessities.
Fashion Nova Cares: Fashion Nova has teamed up with Cardi B, multi-platinum American rapper, to give $1000 every hour to those who apply on their website. Those who are most in need will receive the $1000. The giveaway ends on May 20th!
211.com, an organization that curates social services for those in need, created a list of general information as well as funds and grants available to individuals, nonprofits, and small businesses.
Edmunds.com, car news and appraisal website, has also created this list of auto manufacturers that working with customers to relieve debt from new car loans.
Grantspace, a learning community for nonprofit organizations, compiled a list of grants and relief funds for individuals, as well as nonprofits, artists, and small businesses.
The Ascent, a Motley Fool company, has also created this list of where people can find financial assistance during the COVID-19 pandemic.
What is CashForCarPayments?
CashForCars.com is creating CashForCarPayments! We want to give back to the communities that we serve all over the United States by giving you cash assistance for your car loan. People all over the country are losing their jobs and main sources of income due to sickness, lack of preparation from employers, furloughs, among many other reasons. That’s why are creating CashForCarPayments and this list of COVID-19 resources to help get you the aid and assistance you need to get through this pandemic.
Do You Have Questions About CashForCars.com During COVID-19?
If you have any questions about CashForCars.com and how it’s affecting our businesses during this pandemic, you can visit our live COVID-19 updates and FAQ page!
We have also written a blog about why CashForCars.com is a great option to sell your car fast, easy, and without even having to leave your house here!
Follow Us on Social Media!
If you have any questions, we have a Facebook, Twitter, and Instagram and regularly post the vehicles that we have purchased for cash! We also spotlight the amazing communities where you can find us and spotlight our incredible employees!
Thank you for reading!