Bet you never thought you would see it, did you? That's right, government grant money for debt relief.
You never have to pay it back.
How can that be, money for free? Of course that is what it is, grant money is never paid back.
It is given to you to use in a way that you see fit, the only stipulation is that you must use it according to the guidelines of the endowment itself.
It is not uncommon in these economic times to see people who are in need of a little financial assistance.
What is uncommon though is that the government is willing to use so much of the taxpayer's money to pay off other people's debt.
Okay so maybe there is a catch.
That catch is that not everybody can qualify for government grant money for debt relief.
That money is reserved for specific individuals like those who are trying to further their education in an effort to increase their earning power.
Others that can qualify for this free money are small business owners or entrepreneurs who are looking for ways to finance a new business venture.
Often times new businesses are already strapped for cash, and even have dipped into their own financial reserves in order to begin the process of making this happen for themselves.
Small businesses, as well as new businesses that are under construction provide more job opportunities in our society than any other resource.
For this reason, government grant money for debt relief is a good idea.
Funding those who will offer opportunities to others to elevate their station in life, not only benefits the business owner, but it also benefits the citizen at large.
While allotting money to small business owners or entrepreneurs, it is not uncommon to see those business owners using this free money that they have received to fund their projects to pay off personal debt.
It is important to remember that as a general rule, many small businesses deplete their own resources first before seeking assistance from government allocations.
This makes it quite logical, that the use of government grant money for debt relief is used for just that purpose, paying off debts that have accumulated in the process of formulating and developing a feasible new business plan.
Therefore, government grant money used in this manner is not necessarily a bad idea.
Far the opposite, it is a great way to get your finance back in line.