Coronavirus (COVID – 19)

NFCC and its member agencies are here to help. Counselors are available by phone around the clock to assist if you are experiencing job loss, temporary loss of income or financial hardship during this time.


The Coronavirus (COVID-19) situation continues to evolve. It appears it will take some time before the pandemic is brought under control. While impact on health is of immediate concern, the financial downsides have also started to unravel as work and wages have begun to get impacted. For those who are facing loss of wages or job, its time to take immediate action. For others, it is wise to prepare.

Contact your creditors. If you anticipate the inability to make your monthly credit card payments, ask for temporary hardship concessions like interest-only payments or forbearance.

Keep priority obligations on track. Your first priority should be rent or mortgage payment. If you experience loss of income maintain an open communication with your creditor or landlord.

Develop an emergency spending budget.  Tighten your belt, circle out all non-essential expenses. Set a realistic budget for utilities and food expenses. It is time to save, for the rainy day has come.

Identify community resources and government assistance programs available. Government has started to roll out financial relief programs. Check your benefit entitlements and apply. Community agencies may help with food banks, temporary assistance with utilities, etc.

Reach out to a nonprofit financial counselor. Discuss ways to eliminate debt and reduce financial obligations. These are not normal times and professional financial advice should be sought.