April 25, 2024

Your Money: A Hub for Help During the Coronavirus Crisis

Many financial advisers are offering free phone sessions to people whose incomes have fallen, no matter where they live.

The XY Planning Network of advisers has a spot on its search webpage for “Coronavirus help” and will be adding names to it as people sign up. There are already dozens.

We’ve heard from the following planners or firms who want to help as well: Daren Blonski, Wesley Botto, Jill Isbell, Fairlight Advisors, Ted Klontz, Andrew Komarow, Brandt Kuhn, Anna N’Jie-Konte, Elizabeth Lundstrom, Kevin Mahoney, Howard Morin, Maddi Napier, Kimberly B. Ogden, Alan Rhode, Matt Rinkey, Dawn Santoriello, Chris Saxton and Alex Wilson.

We’ve included links to their sites so you can see their experience and credentials. Nearly all of them are certified financial planners, a designation that requires continuing education and passing a difficult exam.

On Sunday, Goldman Sachs and Apple told Apple credit card customers facing hardship that they could skip this month’s payment. They won’t have to pay interest, either.

We asked the biggest card, mortgage and auto lenders whether they would allow customers to do the same thing. American Express and Capital One said they would. If their customer service representatives claim ignorance, point them to this item and let us know if they still don’t help.

Article source: https://www.nytimes.com/article/coronavirus-money-unemployment.html

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