Government Grant Loans For Debt Relief – The National Obama's Plan

May 31, 2010 - PRLog -- Many programs have been initiated during his term to help alleviate the financial concerns of unemployed and employed Americans citizens.

Aurora Lillo Editor of the "Debt Relief Government Grants" website -- http://www.DebtReliefGovernmentGrants.com -- pointed out;


“...Many individuals have been trying to live on unemployment benefits and reduced salaries due to decreased hours and furlough days. The Federal Government has stepped in to include financial packages for consumers from all walks of life. The President has turned the tables on credit card companies to eliminate the relentless rise of interest rates, late fees, and penalties. Medical coverage is being revamped to include a nation of men, women, and children...”

Many Federal programs are based on income while other are based on need. Food stamps, WIC vouchers for infants and toddlers, and Medicaid are provided for those who meet the income guidelines. Mortgage modification packages are prepared to help homeowners who are struggling to pay high mortgage payments.

“...A reduction in interest rates and lower monthly payments are helping consumers and boosting the real estate market. First time home buyers have been offered a cash rebate of over $5,000 after the closing of a home. Reverse mortgages enable senior homeowners to tap into their home's equity to gain supplement income during retirement. Medical assistance is another grant option that is available to help consumers pay for bills that insurance does not cover. Use the convenient Federal Government website to access accurate grant information...” added A. Lillo.

Further information about debt relief government grants by visiting: http://www.DebtReliefGovernmentGrants.com