Skip to Content
Close Icon

Economic Relief Payment

What To Know About Economic Relief Payments

What To Know About Economic Relief Payments

Posted On: April 20, 2020 by First Option Bank in: Banking, General, News, Tips & Tricks

In March, the CARES Act – a $2 trillion economic relief package – was signed into law. A provision of the law will provide financial relief to many Americans as a result of the COVID-19 pandemic. Below you will find answers to common questions regarding these economic relief payments.

1. How large a payment will I receive?

The CARES Act outlines the parameters of who is eligible to receive a payment. The Internal Revenue Service is the agency responsible for determining...

Read More

Tags: CARES Act, COVID-19, Economic Relief Payment, News, Tips & Tricks

Select Online Account

Select Loan Type