4.1.20 Paycheck Protection Program and SBA disaster relief; What happens if you can't pay rent; Health insurers waive individual Covid-19 health costs; AirBnb helping hosts

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 5.2K Ratings

🗓️ 1 April 2020

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

The details of the PPP and EIDL programs are a little murky. Clark brings as much clarity as possible to a situation that is rapidly moving trying to help small businesses stay afloat during these difficult times. This article from the Wall Street Journal gives some important details on Paycheck Protection. You can also learn more on the SBA website about PPP here. And if you qualify for an EIDL, this is where you can apply for that relief loan. What happens if you can't pay rent? Clark tells you how to talk to your landlord and what rights you have right now. This USA Today article offers some important details on your rights as a renter right now. The three major health insurers are waiving individual health costs incurred due to Covid-19. Some welcome news in these troubled times. AirBnb is helping hosts cover their costs right now. It's a very different stance from the one VRBO is taking. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Remember when you were so brand conscious, you queued for hours to get the latest pair of trainers.
0:05.9	In the cold and wet.
0:08.5	Why waste time and money when you can get branded fashion, sports and footwear online and M&M Direct?
0:14.5	We've got all the big brands at low prices and always up to 75% off RRP.
0:19.6	What's more, M&M don't do discount codes, flash sales or ask for your mother's maiden name before you get a great deal.
0:25.9	What's not to like?
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0:30.2	M&M Direct.
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0:32.0	What's more, M&M Direct.
0:33.0	Tap the banner and shop now.
0:34.0	Tap the banner and shop now.
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0:36.0	It's my pleasure to have you join us here on the Clark Howard Show where it's about you being empowered with knowledge,
0:42.0	so you can deal with the curve balls being thrown at you and your wallet by coronavirus.
0:48.0	And I want to revisit something that has been the number one topic
0:54.0	that is being posted on Clark.com slash ask.
0:59.5	And it concerns the loans that are going to be made available by the SBA, either directly or through participating banks and credit unions.
1:13.0	Now, I would say that I would give myself a D minus on my answers yesterday on the loan programs
1:23.0	because what happened after yesterday is new guidance was issued that made a lot of my answers flat out inaccurate to wrong,
1:34.0	depending on the specific answer.
	...

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