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2007-05-30 05:08:29 · 10 answers · asked by Bring it 1 in Business & Finance Credit

10 answers

ABSOLUTELY NONE -- otherwise no one in America will have any debt whatsoever, no one will file for bankruptcy and collection agencies will have nothing to collect because everyone will go to the government to bail them out of their debt

The government is NOT in the business of giving away free money for the sake of giving away money. There are no grants for paying bills, for getting out of debt or for buying a car. Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.

For one, you have to write the grant application and the grant application is not a simple document - you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.

There is a stringent review process through a committee. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.

Even if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently.

Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs

2007-05-30 05:11:44 · answer #1 · answered by imisidro 7 · 1 0

Since you obviously had credit, you therefore were not collecting welfare or in need. You incurred this debt, and you and only you are responsible for your credit card debt. I wish it was that easy to get a grant. Get real!

2007-05-30 05:17:30 · answer #2 · answered by CRAIG C 5 · 1 0

Good Lawd, you made my day.

I think I just saw a pig fly!

The only grant I know that pays credit cards is called a husband.

2007-05-30 05:44:42 · answer #3 · answered by DaMan 5 · 0 0

Why should there be? You ran up the debt - why would someone else pay it off for you?

You might be able to file bankrupcy and get it discharged - but it will hurt your credit in years to come.

2007-05-30 05:51:37 · answer #4 · answered by Judy 7 · 0 0

Nope lol. Thats the whole point of debt and credit. If you get yourself into a mess you have to work your way out no one will help you out.

Except maybe your parents or close family.

2007-05-30 05:13:04 · answer #5 · answered by Anonymous · 1 0

All you can do is file for bankruptcy or pay the debts yourself. After all it was you who ran them up in the first place!

2007-05-30 06:14:45 · answer #6 · answered by Mr. P's Person 6 · 0 0

Yes It's called Bankruptcy.

pl

2007-05-30 05:10:41 · answer #7 · answered by Patrick 5 · 1 0

nope! your on your own now! the government and nobody else has an obligation to pay off your thousands of dollars in debt. sorry but they give out too much on welfare and stuff already.

2007-05-30 05:16:42 · answer #8 · answered by Benjamin Franklin Pierce 3 · 0 0

NO there's no help for stupid, that you have to fix on your own!

2007-05-30 05:10:59 · answer #9 · answered by wish I were 6 · 1 0

bankruptcy

2007-05-30 05:11:48 · answer #10 · answered by Anonymous · 1 0

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