• givesomefucks@lemmy.world
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    4 days ago

    Also, a lot of Federal Credit unions front government paychecks…

    They credit normal paychecks a couple days early as soon as they see the amount coming in. Traditional banks wait til it’s actually in your account.

    So in a shutdown those places keep fronting money, but that was because they had faith back pay was coming. With trump openly talking about not doing backpay, that may change.

    Navy Federal Credit Union was a popular choice, but there’s a couple that handle it like that.

    Then there’s programs ran by the bases to offer financial relief even in no shutdowns, not sure how’d they ration their funds during a shutdown.

    • deranger@sh.itjust.works
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      3 days ago

      Then there’s programs ran by the bases to offer financial relief even in no shutdowns, not sure how’d they ration their funds during a shutdown.

      I haven’t seen programs run by the base themselves, but AER is Army Emergency Relief. They have a lot of money and will either give you a no or very low interest loan or often just give you a grant that you don’t have to pay back.