As we go into the next 24 hours there is a good chance there will be another government shutdown. USAA wanted military families to know that they do have options for financial assistance should the government shut down. If you are a military family who is worried about finances and getting paid, here are six financial assistance programs that can help!
Financial Programs for Government Shutdown
USAA plans on helping their members with a no-interest payroll advance loan to military members in the event of a protracted shutdown that disrupts military pay on Feb. 15, 2018. Should this happen, USAA will email eligible members with an offer to sign up for the loan and then provide them with additional information.
In addition to USAA’s payroll advance loan, they also offer a number of other solutions, such as special payment arrangements, to help members who find themselves in financial distress due to a disruption in federal payments. Information is available on the News Center page of USAA.com or by calling 800-531-USAA (8722) for more details.
2. United Way & 2-1-1
Many 2-1-1’s offer special services for veterans, service members, and their families. 211 specialists can be reached by simply dialing 211 or visiting their website.
3. Navy-Marine Corps Relief Society (NMCRS)
Emergency financial assistance is offered to servicemembers through an interest-free loan for basic living expenses, temporary needs, and family emergencies.
4. Army Emergency Relief (AER)
AER assistance cases received due to the impacts of non-receipt of pay due because of a Government Shutdown will receive priority processing immediately following the missed pay period. Those in need of assistance should call 866-878-6378.
6. Coast Guard Mutual Assistance (CGMA)
CGMA provides financial assistance to servicemembers caught in emergency, short-term, financial situations beyond their control that endanger personal well-being. Those in need of assistance should call 800-881-2462.
I hope this information will help lessen the worry for military families in need of financial assistance. Please share if you feel it would help others.