Since the beginning of the mortgage crisis, many experts have blamed the explosion in foreclosures on risky sub-prime loans. But USA Today reported recently that the rate of foreclosure for prime borrowers has been increasing, mainly because of rising unemployment rates. To read the rest of the article, CLICK HERE.
In April 2009, the Salvation Army hosted a free Family & Crisis Resource Fair. The event was in response to the many people who are facing unemployment, reduced hours, foreclosure, or other financial troubles. People were able to visit booths to get information and resources about different financial issues, as well as job hunting.
The Salvation Army is committed to providing assistance to those in need. If you or someone you know is in need of assistance, please contact the Salvation Army, Midland Division.
Below is a video of Major Lonneal Richardson, Divisional Commander of the Salvation Army’s Midland Division. In this clip, Major Richardson gives some suggestions for people who may be facing unemployment. To watch more videos from the fair, CLICK HERE.
If you live in Missouri and need of free tax assistance visit the University of Missouri Extension’s website by clicking here or on the picture below.