Federal Government Grants ? Grant Alternatives For Becoming Debt Free
For those in need, there are federal grants which can serve as alternatives to the usual debt consolidation programs. Keep reading to find out how government grants can help you become debt free
If you are one of the millions of Americans who is watching the bills pile up, interest rates increasing, fees adding up, at risk of losing your house, car, or defaulting on a loan- there is help for you! The federal government does not want to see you struggle.
Aurora Lillo Editor of the “Government Grants For Debt Relief” website — http://www.GovernmentGrantsForDebtRelief.org — pointed out;
“…It is bad for the economy when the consumers struggle to pay their bills, this means that less money is being pushed in to the economy! The United States government sets aside billions of dollars every year to help people out that are struggling. It is not common knowledge that there are grants specifically for people that are struggling to pay their every day bills…”
No fees, no payback, no interest
These government grants are FREE! There are no fees associated with the grants. This is much better than the alternative, which are usually just loans which you need to pay back, but you will just get a lower interest rate for a short time period to help pay down your principle. You do not need to pay this grant back, and, since it is not a loan, there are no interest charges! Almost anybody that can prove that he is having a difficult time paying his bills is eligible for some free money from the federal government. They will ask that you pay the grant back when you can, but it is not necessary, and they will not hound you for the money.
Anyone with debt may be eligible
These grants are not specific to any type of debt. There are grants for student loan assistance, small business help, mortgage loan assistance, middle income family assistance, as well as others including just a general debt relief assistance for anybody that can prove he is having a difficult time paying his bills. The alternative would be that only people with a decent credit history or proof of income would be eligible. This may seem unbelievable to some, that there is just free money out there for people that are struggling, but it is in the best interest of the economy to have less people with debt that they can’t pay back.
The best part about this debt relief program is that there is no need to put down any sort of collateral. Usually for a consolidation loan there would be a requirement for collateral if you were to get a low interest loan. Again, it is not a loan, so there is no need to have collateral. You will not risk losing your home or car if you do not pay back the money that is given to you, because you do not have to pay it back! It really does not get any better than that!!
“…Find out today if you are eligible for this debt relief grant. Remember that the government does not want to see you struggle because it is not in their best interest, so they will help you find assistance when you are in need…” added A. Lillo.
Further information about debt relief government grants by visiting: http://www.GovernmentGrantsForDebtRelief.org
Aurora Lillo runs his corporate website at http://www.OpsRegs.com where you can see all his articles and press releases.
Article from articlesbase.com
The federal Pell grant is available for students of certain schools, and a FAFSA form, the free application for federal student aid, can be filled out at any time to determine what kind of funding is available. Apply for the Pell grant during the summer with information from an experiencedfinancial aid officer of a university in this free video on education. Expert: Brooke Kramer Contact: www.argosy.edu Bio: Brooke Kramer is the financial aid officer at Argosy University in Salt Lake City, Utah. Filmmaker: Michael Burton