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Author: Susan Tompor, Detroit Free Press

Money

People struggling to pay bills during coronavirus crisis could get hit again starting in June

April 24, 2020Susan Tompor, Detroit Free PressComments Off on People struggling to pay bills during coronavirus crisis could get hit again starting in June

Job losses, pay cuts, extra bills to stockpile groceries all cut into a family’s ability to pay the rent, the car loan and juggle other bills.

Money

Coronavirus cash payouts will go to some seniors and others this week

April 21, 2020April 21, 2020Susan Tompor, Detroit Free PressComments Off on Coronavirus cash payouts will go to some seniors and others this week

The coronavirus payout timeline has some seniors and others getting money the week of April 20 and later. Many who didn’t get cash yet continue to worry.

Money

Here’s why you’re not able to track your stimulus money

April 20, 2020April 21, 2020Susan Tompor, Detroit Free PressComments Off on Here’s why you’re not able to track your stimulus money

Economic Impact Payments hit millions of accounts on or before April 15. But others report headaches in trying to track their cash.

Money

Poor and homeless in Michigan at risk of missing out on stimulus

April 18, 2020Susan Tompor, Detroit Free PressComments Off on Poor and homeless in Michigan at risk of missing out on stimulus

Poor and homeless households may need more to take more steps to get stimulus cash, according to Poverty Solutions at the University of Michignan.

Money

Where’s my stimulus check? IRS ‘Get My Payment’ coronavirus stimulus check portal hit by early glitches

April 15, 2020April 16, 2020Susan Tompor, Detroit Free PressComments Off on Where’s my stimulus check? IRS ‘Get My Payment’ coronavirus stimulus check portal hit by early glitches

IRS issues coronavirus stimulus checks and rolls out “Get My Payment” tool early in the game, but some taxpayers are met with early glitches.

Money

Your Stimulus Check

April 14, 2020April 15, 2020Susan Tompor, Detroit Free PressComments Off on Your Stimulus Check

Check the status

News

Your April 15 mortgage payment is officially late: Here’s what you can do

April 14, 2020Susan Tompor, Detroit Free PressComments Off on Your April 15 mortgage payment is officially late: Here’s what you can do

As coronavirus layoffs, furloughs strain borrowers, those seeking mortgage forbearance need to understand their options and repayment terms involved.

Money

Wait, it’s April 15: When are my income taxes due?

April 13, 2020April 15, 2020Susan Tompor, Detroit Free PressComments Off on Wait, it’s April 15: When are my income taxes due?

Stay-home orders and job losses drove officials to push the April 15 income tax deadline into summer. What happens with estimated taxes? Old refunds?

Money

It just got harder to get, refinance a mortgage: Who will face more difficulty

April 9, 2020April 10, 2020Susan Tompor, Detroit Free PressComments Off on It just got harder to get, refinance a mortgage: Who will face more difficulty

A ‘refinancing bonanza’ continues as mortgage rates remain low but the economic shutdowns across most of the country mean some won’t qualify.

Money

Americans could start receiving stimulus checks starting on April 9

April 8, 2020April 9, 2020Susan Tompor, Detroit Free PressComments Off on Americans could start receiving stimulus checks starting on April 9

Stimulus checks to arrive by April 15 for millions of taxpayers. A new portal where some can supply direct deposit information could be out next week.

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