Coronavirus unemployment benefits, jobs, more: Your questions answered

Hyatt imposes furloughs, pay cuts as coronavirus hurts hotels


In this time of uncertainty, USA TODAY is working to find answers to your money questions – anything from finding a job or unemployment benefits to your 401(k) or retirement plans. We want to help you navigate your personal finances during this crisis so USA TODAY Network’s top financial journalists are finding answers to your questions.

You can submit your questions here and read answers to others below.

We will be updating the Q&A frequently, so be sure to check back often. New answers are added to the top.And, for more money advice, sign up for our newsletter, The Daily Money. 

If you want to share your personal finance experience during the coronavirus crisis, you can email Josh Rivera at [email protected].

FACEBOOK GROUP: Stay connected, even when we’re all apart. Join our Coronavirus Watch Facebook group.

We answer your coronavirus money questions.

Will homeowners get relief with mortgages?

The CARES Act gives homeowners with federally backed loans two types of relief. First, it prevents lenders from beginning foreclosure proceedings on federally backed loans for at least 60 days after March 18. Second, homeowners who experienced financial hardship from the pandemic can request a forbearance for up to 180 days, which may be extended for an additional period of up to six months if borrowers are still under financial duress.

… How can I postpone my mortgage payments?

To receive forbearance through the CARES Act, you must contact your loan servicer. There won’t be any additional fees, penalties or interest added to your account through this deferment, but regular interest will still accrue.

— Jessica Menton

Follow Jessica on Twitter @JessicaMenton.

Will adults with disabilities, who are dependents on a caregivers’ tax returns, receive a stimulus check?


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