4.23.20 SBA barring big companies from fresh PPP funds; Stimulus check hacking; Preparing your finances now; Mortgage forbearance requests have increased

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 5.2K Ratings

🗓️ 23 April 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

The SBA has issued a press release clarifying that bigger companies should not be filing to receive PPP funds. This is good news for small businesses who desperately need the money. Scam artists have figured out how to steal stimulus checks. Clark tells you how they are doing it and what can be done about it. It's important to be prepared with your financial information now. Make sure your loved ones know how to access necessary financial documents in the case of emergency. The housing market is going through an interesting time. Clark discusses that and the increased requests for mortgage forbearance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:26.6	Not investment advice, crypto trading involves risk of loss.
0:30.2	I'm so glad you're with us here on the Clark Howard Show,
0:39.2	where it's all about you and that quality yours.
0:42.0	I want you to learn ideas to me so you can keep more of what you have.
0:46.7	Our website is clark.com and clarkdeals.com.
0:50.6	I work really hard to make sure you have information that will help you in this time
0:56.1	that your wallet may be in critical care.
1:00.5	So there is more and more backlash about the corruption that occurred
1:09.4	with the payroll protection program loans that I gave you the latest update on yesterday.
1:17.2	The newest amount of money is about to be available,
1:21.4	which is a very large amount, almost as large as the original amount.
1:27.0	But if you haven't heard this, if you're a small business owner,
1:31.0	the reason that money turned out not to be available for you,
1:36.3	or you could not find a financial institution that would take your application,
	...

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