We at MaineStream Finance, a 20-year old, mission-driven nonprofit community development lender and part of the Penquis CAP family, are open to serve you. There are so many concerns on how Mainers will access cash, be able to purchase goods, and make their budgets work, especially if paychecks are suspended. We are here to help you as much as we can. We have put together several resources and news on different personal finance below.
Contact the MaineStream team (see contact details below), Maine 211, or Mainers Together for more help. There is also a great discussion group for Mainers on Facebook called Maine Coronavirus Community Assistance with almost 20,000 members, where folks discuss unemployment, housing issues, who can help with groceries and other help. We may not know all the answers, but hopefully, we can connect you to who does know or get you started on the right path.
Here are our Top 5 links to News and Tools for Personal Finance Topics. We have much, much more below on banking, donations, health insurance, COVID-19 scams (unfortunately), student loans, taxes, and unemployment.
- Economic impact payments: What you need to know (IRS – 3/30)
- Calculator for how much you may receive. (Washington Post)
- F.A.Q. on Stimulus Checks, Unemployment and the Coronavirus Bill (New York Times)
- How to save money if you’re struggling during the coronavirus pandemic (Bangor Daily News)
- Unemployment Insurance Benefits for [Maine] Workers Impacted by the Covid-19 Virus (Main Equal Justice Project)