The coronavirus, also known as COVID-19, is impacting households, communities, and businesses. A new national survey shows that 1 in 5 households in the US have already had their income cut or stopped altogether. The frequently asked questions below highlight some common financial challenges as a result of the COVID-19 pandemic. The answer to each question has links to government websites and the types of assistance that might be available. We will be adding additional information as new policies and resources are put into place. The website is https://fyi.extension.wisc.edu/toughtimes/covid-19-financial-resources/. This website is updated daily with new information and resources individuals and families will find helpful as they navigate the challenges their family finances you may be having now and/or possibly in the future.
If you would like to talk to a financial or housing counselor about your situation, click here for the National Foundation for Credit Counseling (NFCC) website or call 833-746-7577. NFCC is a network of nonprofit consumer credit counseling agencies that provide services online and over the phone. You can also contact your local UW-Madison Extension office for more financial information.