COVID-19 Financial Assistance

COVID-19 Financial Assistance

COVID-19 has caused many stresses including financial stress on some of the most vulnerable Americans. Government Stimulus checks and unemployment may be a very short-term bridge, but you may need help with your most important expenses like housing, utilities, cell phone, WIFI so your kids can school and you can work from home.

Many banks and financial institutions offer temporary assistance. Some banks are offering extending due dates or forbearance programs. If you need assistance with your rent or mortgage, utility bills, credit card payments, mobile phone or insurance, be sure to contact your bank or service provider immediate to find out what programs they are offering.

CashMax is open to help you with immediate financial relief. Our teams are knowledgeable, friendly and ready to help you. The process is easy and you can have the cash you need in your hand today.

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How to Track Your Stimulus Check

Tracking Your Stimulus Check

Stimulus relief payments started hitting bank accounts last week and the government is lining up paper checks to go out this week. The IRS has built an online tool to help you track your check called Get My Payment.

If you are eligible and would like to track your payment, using this online tool may be the fastest way.

  1. Go to https://www.irs.gov/coronavirus/get-my-payment
  2. Click the blue Get My Payment button
  3. Agree to the use of the system
  4. Complete the information – Social, Date of Birth, Street Address, Zip

CashMax locations in Texas are open and ready help you through these challenging financial times. Our employees are taking enhanced procedures to keep themselves, our customers and communities as safe as possible. The process is fast and easy.

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21 Resources to Find Financial Help

Financial Help

Over 6.6 million Americans have filed job loss claims over the last few weeks, which is a new record for the U.S.

While there are many financial aid programs being created, it can be hard to navigate which ones are available to you and your family. Here are 21 resources created to help individuals in varying industries.

Air Force Aid Assistance

  • Program name: Air Force Aid Society
  • Type of assistance: No-interest loans and/or grants
  • Minimum qualifications: Air Force, Airmen, and families

Amazon

  • Program name: Amazon Relief Fund
  • Type of assistance: Up to two weeks of pay to all employees diagnosed with COVID-19 or placed into quarantine
  • Minimum qualifications: Amazon delivery drivers and seasonal employees

*Amazon is also hiring 100,000 new full and part-time fulfillment center and delivery positions across the United States. Regular pay of at least $15/hour will be increased by $2/hour.

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Fifteen Companies Hiring Right Now

Companies Hiring

With jobs being cut left and right, it can be hard to stay positive about finding any job opportunities ahead.

Good news is that there are companies hiring thousands of people right now. Here are the top ten companies who are mass hiring this month.

  1. CVS Health
  2. 7-Eleven
  3. Albertsons
  4. Dollar General
  5. Dollar Tree/Family Dollar
  6. Kroger
  7. PepsiCo
  8. Publix
  9. Walgreens
  10. Wallmart
  11. Lowes
  12. Amazon
  13. Instacart
  14. Pizza Hut
  15. Papa John’s

These companies have pledged to hire for more than 860,000 jobs.

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Where Does Your Money Go?

Where Does Your Money Go?

It’s already March so let’s do a quick check-in on where we are spending our money. Here are the 6 most common areas where we spend most of our money:

  1. Housing
  2. Transportation
  3. Food
  4. Insurance & Healthcare
  5. Entertainment
  6. Clothing

Does your monthly budget look similar to this? Most families spend about 33% of their budget on housing, 16% on transportation, 12% on food, 19% on insurance and healthcare, 5% on entertainment and 3% on clothing. That only leaves 12% for everything else on your list. No wonder living is just so expensive and so many people feel the financial crunch week in and week out.

When you need a little help to bridge the gap before your next paycheck, CashMax is here with 38 convenient locations in Texas.

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3 Things You Need to Ask Yourself Before Filing your Taxes

Tax Season is Here

Tax Season is here again, which for a lot of us can be really overwhelming. Before you decide to tackle your taxes alone, ask yourself these 3 questions:

  1. How complicated are my finances
  2. Do I have the time
  3. How comfortable are you with financial matters

Need a little help to bridge the gap before getting your tax refund? CashMax is here with 38 convenient locations in Texas.

CashMax Texas offers 3 easy ways to help during tax season:

  1. Get pre-approved for as much as $2,250 over the phone.
  2. CashMax offers 2 loan options: Cash Advance and Title Loans. So if you need fast cash with instant approval today, we have you covered.
  3. CashMax has 38 convenient locations in Texas to serve you:

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What are the Benefits of Online Banking?

online payment

Banking online offers many helpful benefits, making it easier than ever to keep track of your money and stay in control of your financial future. Using your computer or phone, you can instantly view your current balance and recent transactions, pay bills or send money, and transfer funds between accounts. Rather than waiting in line at a bank, you can take care of business all on your own with a few simple clicks.

Pay Bills

One of the biggest perks to choosing an online bank is quick, easy access to your accounts, allowing you to stay on top of your monthly budget and bills. Paying bills online is a great way to ensure your accounts are up to date, with trackable payment confirmation numbers avoiding any worries of your check or cash getting lost in the mail. Save a stamp and a trip to the post office by instantly sending money to those you owe.

Keep Tabs on Transactions

Did your last paycheck go through? What is your current checking balance? With online banking, you can know exactly how much money you have in the bank at all times, without having to visit a physical location. Access your account 24/7 to double check your spending power, and make sure there are not any suspicious transactions. If you ever see a payment you did not authorize, you can call your provider to address the issue right away.

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What are Medical Loans?

patient having consultation with a doctor

Medical loans are personal loans for medical expenses. When procedures go outside the limits of insurance coverage, or if necessary treatments aren’t covered by insurance at all, medical loans can help bridge the gap during trying times. Learn what to expect and which options make sense for your medical situation.

Most Common Medical Loans

There are many common medical procedures that insurance companies do not cover. Orthodontia, reconstructive surgery, hair restoration, and bariatric procedures are typically categorized as “cosmetic” treatments, and therefore are often rejected by health insurance. Similarly, fees that address infertility, in vitro fertilization, or adoption are usually outside the scope of most plans.

Types of Medical Loans

If medical expenses are proving to be outside your current budget, here are a few different medical loan options for you to pursue:

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Reasons to Use a Credit Card

Credit Card

Some folks talk about credit cards like they’re dangerous and lead to excessive debt, but there are plenty of great reasons to use a credit card as a form of payment. Credit cards offer several perks such as airline miles, sign on bonuses, and earnable rewards, all while building your credit history.

Building Credit

Using a credit card for your daily purchases can be an excellent way to build up your credit history. When you pay your credit card bills on time, you prove to lenders that you are reliable. Staying within your credit limit and paying off statements completely each month will boost your credit score and can help you receive future car loans, mortgages, and more.

Rewards, Points, and Bonuses

Many credit cards offer buyers a variety of enticing rewards and sign-on bonuses. Most operate on a point-based earning system, with dollars spent earning a certain amount of points. You can earn airline miles, retail gift cards, hotel stays, and more, depending on which card you choose.

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How to Keep Your Banking Information Safe Online

Credit Card Fraud

Cyber security is an issue that affects us all, which is why it is crucial to understand how to keep your banking information safe online. By taking a few simple precautions such as using secure Wi-Fi and creating difficult passwords, you can rest assured your private information and account numbers will stay protected.

Browse on Secure Networks

While most of us have grown accustomed to using apps and browsing online from any location, it’s important to save banking tasks for when you’re on secure networks. Avoid checking your account or sending money while using a public computer or free Wi-Fi, especially networks that do not require a password login. These networks are more susceptible to attack, so only log in to your bank while at home or on a password-protected internet provider.

When banking, be sure the website has a “https” at the start (rather than “http”); the “s” stands for secure, and safeguards you against dangerous situations.

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