An unexpected utility bill, medical expense or temporary loss of income can create an urgent need for money. Before accepting an expensive short-term loan, check whether legitimate assistance could cover part of the expense.
Start by contacting the company you owe. Utility providers, hospitals, landlords and credit-card companies may offer payment extensions, hardship plans or reduced monthly payments. Contacting them before missing a payment may provide more options.
American households may also qualify for government assistance. Programs can help eligible residents with food, housing, energy costs, healthcare and other essential needs. The official USAGov financial-hardship guide connects people with programs such as SNAP, WIC, TANF, rental assistance and utility support.
For energy expenses, the Low Income Home Energy Assistance Program may help eligible households pay heating or cooling bills. Requirements and application procedures differ by state. The Weatherization Assistance Program may also provide qualifying households with home improvements that reduce future energy costs.
Government benefits are not guaranteed, and approval can take time. However, receiving assistance or arranging a payment plan could reduce the amount you need to borrow.
Apply only through official government agencies or trusted nonprofit organizations. Avoid anyone demanding gift cards, cryptocurrency or an upfront payment to “guarantee” benefits.
