How to get grant to payoff credit cards?

Question

Grant to payoff credit, Down payment for house.

Answer 1

NO SUCH THING -- otherwise no one in America will have any credit card 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, no grants for paying off credit cards, no grants for getting out of debt and no grants for simply fattening your wallet.

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.

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

As for housing downpayment, I suggest you check out non profits, who are the recipients of most housing grants. Check out Habitat for Humanity.

Also visit the Nehemiah Corp as they have a downpayment assistance program for qualified lenders http://www.getdownpayment.com/

The Housing and Urban Development in their Grants Available page makes it clear that they do not provide grants to individuals -- hence no grants for a person to buy a home http://www.hud.gov/grants/index.cfm

"While HUD does not offer direct grants or loans to individuals, we do work through local governments and non-profit organizations to make financial assistance and counseling available."

Answer 2

Anybody or any company that tries to sell you something showing you can get a grant to pay off cc and get a downpayment for a house is trying to steal $$ from you. Gullible people are a dime a dozen and cons prey on people who aren't responsible with their money. I would suggest being responsible with your cc. Live within your means and do not overspend. Always pay more than the minimum on your cc, or you will be paying for life 10 times over.

Answer 3

Saqigirl,
thanks for the giggles.
suggest u find some more jobs great place to go when broke is Work.
suggest u get '48 days to work u love' d.miller. u'll find lot of good info on incomes and finance.
visit daveramsey.com to learn what u haven't learned about ur cash.
if u don't have money, buying a house is financial suicide. a house is all ways more expenses than a good apartment. with out cash reserves u'll lose it fast.
get 2 more pt/tm jobs pay off ur credit slave cards, off ur car loans, any other debts Then save , save and save some more. we will not have to visit u.

Answer 4

I believe the type of grant you are looking for is called A Paycheck. You get one by getting off the computer, and going to the local McDonald's and asking for a job flipping burgers in the mid day. Then you go to the local Pizza Hut, and ask for a job delivering pizzas in the evening. Then you go to the local newspaper and ask for a job throwing papers in the early morning.

You throw papers, burgers, and pizzas for many weeks or months until your bills are paid off.

Answer 5

Grants, such as these, do not exist.