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Started By
Message
High credit score = no assistance from FEMA
Posted on 8/23/16 at 10:10 pm
Posted on 8/23/16 at 10:10 pm
So I just spent an hour on the phone with FEMA. Basically, if you have a high credit score, you will qualify for an SBA Loan, which means you are inelegible to receive a grant from FEMA.
The only way to receive a FEMA grant is not to qualify for a loan.
Additional Disaster Assistance Program Information:
"Money is awarded for necessary assistance and serious needs caused by the disaster. This includes medical, dental, child care, funeral, personal property, transportation, and moving and storage that are authorized by law. To qualify for this assistance, you must have needs caused by the disaster not covered by insurance. For personal property, transportation, and moving and storage, an applicant must be declined a disaster loan from the SBA."
That makes me want to vomit.
The only way to receive a FEMA grant is not to qualify for a loan.
Additional Disaster Assistance Program Information:
"Money is awarded for necessary assistance and serious needs caused by the disaster. This includes medical, dental, child care, funeral, personal property, transportation, and moving and storage that are authorized by law. To qualify for this assistance, you must have needs caused by the disaster not covered by insurance. For personal property, transportation, and moving and storage, an applicant must be declined a disaster loan from the SBA."
That makes me want to vomit.
This post was edited on 8/23/16 at 11:31 pm
39
Posted on 8/23/16 at 10:12 pm to blueboxer1119
Elections have consequences.
Posted on 8/23/16 at 10:12 pm to blueboxer1119
ahhhh the rewards of hard work and responsibility.
more hard work.
more hard work.
Posted on 8/23/16 at 10:12 pm to blueboxer1119
What's your score?
Posted on 8/23/16 at 10:13 pm to blueboxer1119
This is for a business, right?
Posted on 8/23/16 at 10:14 pm to blueboxer1119
Can you elaborate a bit? This seems extreme on FEMA's part and, if this is a rule that they always follow, then, most of the folks involved in this flooding catastrophe should have this info.
If you have time:
Can you give us more details on your call, what questions did you ask and what was their exact answer?
Thanks.
If you have time:
Can you give us more details on your call, what questions did you ask and what was their exact answer?
Thanks.
Posted on 8/23/16 at 10:18 pm to blueboxer1119
FEMA - Frequently asked questions
quote:
Q: Do I have to be low-income to qualify for disaster aid? I think I make too much money.
A: No. Federal and state disaster assistance programs are available to all who suffered damages. Aid is damage-based, not income-based. The kinds of help provided depend on an applicant’s circumstances and unmet needs.
Posted on 8/23/16 at 10:19 pm to blueboxer1119
Not buying that
Posted on 8/23/16 at 10:20 pm to blueboxer1119
Let me get this straight. You are upset because the government wants to loan you money at below market rate instead of just giving you cash? Because that is what I just read.
And that is why our society is failing folks.
And that is why our society is failing folks.
Posted on 8/23/16 at 10:22 pm to blueboxer1119
This is bullshite.
I don't want to tell you that you are full of shite but j will say at the very least you misunderstood.
I don't want to tell you that you are full of shite but j will say at the very least you misunderstood.
Posted on 8/23/16 at 10:27 pm to blueboxer1119
Stall the process why you go exceed your balances on your credit cards and miss a mortgage payment.
Posted on 8/23/16 at 10:30 pm to blueboxer1119
I remember something like this with student loans. My parents had great credit, so the government would give them enough loan money to cover my fee bill. But my parents wouldn't get the loan so I was stuck. Classmate's parents had shite credit so he qualified for extra loan money on his own (but turned the loan down. His parents other shite choices were enough to get him plenty of free money). Crazy thing is, I was working and being responsible, paying my bills on time, and he was lazy and had no credit.
Posted on 8/23/16 at 10:37 pm to blueboxer1119
I qualify for an SBA loan and assistance.
Posted on 8/23/16 at 10:47 pm to blueboxer1119
quote:
Basically, if you have a high credit score, you will qualify for an SBA Loan, which means you are inelegible to receive a grant from FEMA.
Wrong.
Posted on 8/23/16 at 10:51 pm to blueboxer1119
See my thread about people who work and FEMA. This shite is so messed up its unreal. People who work and FEMA
Posted on 8/23/16 at 11:04 pm to blueboxer1119
I don't think you've got that right. It is income based, not credit based unless this is maybe for a business? Regardless, as someone who only qualified for an SBA loan after Katrina, I advise you to call again because it was commonplace after Katrina to call 3 different times and get 3 different answers. On top of that after Katrina, it might take 3 hours of calling and hanging up to get through without a busy signal. It was like us old LSU Alumni who remebmer trying to dial REGGIE as soon as registration opened at LSU, only 10,000,000 times worse.
Posted on 8/23/16 at 11:04 pm to blueboxer1119
So the moral of the story is:
The next time a disaster is forecast for your area, go run every credit card up to the max, don't pay your house or car note, let your credit score drop like a rock, and you'll be in better shape than if you did everything responsibly.
The next time a disaster is forecast for your area, go run every credit card up to the max, don't pay your house or car note, let your credit score drop like a rock, and you'll be in better shape than if you did everything responsibly.
This post was edited on 8/23/16 at 11:05 pm
Posted on 8/23/16 at 11:07 pm to blueboxer1119
You know how you get back at them fricks? Next year have a higher credit score.
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