Boat Loan Checks
stimulus checks stimulate the frustration … At least for me?
Ok, I just read this in an online journal about those stimulus checks that most of us is coming. I say “more” as I am a proud owner of a student loan that is not behind much, but backwards. “Some taxpayers may get a smaller stimulus payment than they expect, the IRS said. If you have a past due State income tax federal bill or some other kind of delinquent federal debt such as student loans or child support payments stimulus will likely be reduced by what you owe. “I think it should be relieved that my loan is paid down a bit. I would have just messed up about $ 400 per month I pay for gas to drive to work anyway! Anyone in my Boat?
How can $ 600 can stimulate the economy, I do not know? This country is in debt so big, it’s unbelievable. I work for a large company credit card and saw people, instead of pay their debt, they simply move it from one bank to another. I’m not talking about $ 1,000 here and there, but $ 30 – $ 40,000 revolving balance. 600 dollars is just a drop in the bucket. Maybe enough to pay two weeks of gas that people have put on your credit card, paying interest that they can go to work. I remember when a barrel of oil was $ 27 and now is $ 120 and economists project that can go up to $ 200 by this summer. By this time, people can not afford to go to work because wages are not increased and everything else is. While the Fed is talking about the interest rate lower, do not expect that all customers have a rate of 5% in their prime credit cards. It all depends on your debt and credit scores, ratio income for them to get a lower rate. If this is not close to an election year probably would not be freaking $ 600 you have to pay tax about it.
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