"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Donna Denby used to sell antique buttons most of them made before 1930, some adorned with early Disney characters, and no two alike but in 2020, the pandemic effectively shut down her business.
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About 22% of applications so far have been denied. The most common reasons are that the application was incomplete, the homeowner needed more than the $50,000, there wasn’t a COVID hardship, or their incomes were too high, Smith said.