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Welcome to So Money.

Welcome back to So Money,, Friday, July 24th, 2020. How's everyone doing hanging in there?

For those of you who may be on unemployment insurance and receiving the extra $600 pandemic relief per week, that's

expiring at the end of the month.

Now we know that the government is working hard to come up with another stimulus package,

hopefully soon. But what happens if you are relying

on that $600 additional weekly payment? What happens then? Many of us I know are looking at fast cash options like payday loans and cash advances very tempting very quick to get some money when you need it in a pinch

But I highly advise against it and I went on Good Morning America on Wednesday with some alternatives

to these types of financial products. For example, credit unions and community banks will often work with people who walk in and need help.

If you need a more affordable loan, personal loan or other kind of loan, they have many options.

And people often are timid and not quick to think

about working with a bank. They might have low credit, they might not have a credit history,

but I know that for a fact credit unions and community banks are more in a position to help everybody

...