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Wouldn’t it just be vastly easier to take out a loan?

• sethammons 8y ago
  and pay interest? Or depending on your credit? taking out debt to continue working seems crazy to me.
• evilduck 8y ago
  How many loans and for how long? The president has already stated this may take months or years. Do you have a lender willing to lend you six months to two years worth of pay? Would you even be willing to take on that amount of debt on top of all of your other financial responsibilities?
  • ryanlol 8y ago
    I guess not that many loans >Trump, Congress Reach Tentative Deal to Reopen Government for Three Weeks I’m not even in the US, but my inbox has been flooded with emails from various financial institutions offering interest-free loans to government workers.
• rickyc091 8y ago
  It's actually not that easy to take out a loan. Someone making minimum wage with a home to put up as collateral, even with perfect credit would probably only be able to take out $10,000 to $20,000. As others have mentioned, there are interest rates involved with the loan as well. It's less than a credit card, but a lot harder to get approval. If the employees are currently paycheck to paycheck, and even considering a loan then chances are they would not be eligible for a loan.