ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

US Government Not Giving Out $6400 Subsidies To Citizens; It's a Scam!

It's important to know that the government never provides citizen grants or free money for personal expenses.
PUBLISHED JAN 23, 2024
If you want to save your money, stay away from social media scams | Pexels
If you want to save your money, stay away from social media scams | Pexels

You must have heard that the US government now provides monthly subsidies for thousands of dollars! You might have even seen a social media ad featuring celebrities like SnoopDog and Joe Biden claiming to pay $6400 for petrol, groceries, and rent. Sorry to break it to you that it's just another scam in the sea of scams. It's important to know that the government never provides citizen grants or free money for personal expenses. In this case as well, the government is not distributing thousands of dollars worth of benefits.

 FlyD | Unsplash
Safeguard your personal information on the internet (representational image) | Unsplash | Photo by FlyD 

A story of an individual getting $6,400 has gone viral in the past

A story revolving around a $6,400 subsidy first surfaced back in 2003. Later, a video went viral on Facebook where a woman can be heard claiming that she called the health hotline and then was approved for $6400 in credits. She later sent a link and asked people to verify the eligibility. A handful of people even visited the website and provided the necessary registration details such as their address, phone number, income, and other insurance coverage in addition to their zip code.

Another website QuoteWizard.com redirects everyone to third-party insurance companies while TrendingResults.com calls itself an online marketing company. The main thing to note here is none of their websites are connected to any government portals, which means they are simply not official. 

More recently, many posts popped up online claiming that people can easily get a $6400 subsidy from the government. Unfortunately, all of these posts hold no truth and are extremely misleading, to say the least. These non-governmental websites like chat[.]healthbenefitsnow[.]com are simple chatbots that tell people if they will qualify for the subsidy. The truth is that there's a person on the other end of the phone who is a scammer looking to trick people into sharing their financial information and personal information too.

 Glenn Carstens-Peters | Unsplash
Glenn Carstens-Peters | Unsplash

While the $6400 subsidy is a scam, there are certain steps that the government takes to provide financial assistance to help people with their living costs and business expenses. Here are the official links that you can visit in case you are looking to avail benefits or get loans.

Visit Benefits.gov for support for food, housing, healthcare, child care, social security, and more.

Visit GovLoans.gov in case you are looking for assistance for small businesses, education, housing, and more. 

Visit Grants.gov if you are looking for grants and are involved in government-funded programs and projects. 



 

Ask Your Service Provided to Block Scam. T-Mobile and AT&T offer scam blocking services. So, it's best to check with your carrier. 

Never click on any unknown links or attachments. One of the key ways to protect yourself against scams is to never download any app that they are asking you to download and never click on any link they are asking you to click.

Refrain from giving out personal and financial information freely. You may not realize how often you are willing to give your phone number and email IDs. You can cut them off at the root by not providing any contact information. 

Verify the sources. How many times does it happen that people claim to be from your bank on your phone and you believe it? It's important to understand that banks will not call you directly and ask for information. Scammers are extremely savvy and they are quite popular for posing as bank executives.

MORE ON MARKET REALIST
The court is hearing arguments in a case challenging the president's authority to fire Cook.
1 hour ago
The sweeping order directs the FTC and DOJ to limit purchase of homes by institutional investors.
4 hours ago
Despite the pushback, Trump has made it clear that there is "no going back" on the issue.
6 hours ago
Harvey knew the answer wouldn't be on the board as he had some first hand experience.
7 hours ago
The guest, who knew about the artist's popularity, didn't expect to get a five-figure appraisal.
1 day ago
New tariffs will follow immediately if the court voids current ones.
1 day ago
Harvey was sure the answer was too weak as he knew women well enough.
1 day ago
The economist warned that the mounting debt, interest payments could push the U.S. into depression.
2 days ago
As per disclosures, Trump bought $2 million in bonds days before the announcement of a $82.7bn deal.
2 days ago
Harvey jokingly whispered to the contestant how she got it wrong.
2 days ago
While the player claimed he was covering for his family, Harvey wasn't convinced.
2 days ago
About 1.5 million subscribers were affected by the seven-hour-long outage.
5 days ago
The country in Trump's crosshairs accounts for roughly 4% of the global oil production.
5 days ago
Harvey made the joke at the risk of landing in trouble at home.
5 days ago
Harvey simply said "My Man!" as soon as he heard the player's response.
5 days ago
As president Trump pushes for measures to acquire the island, new poll shows Americans aren't sure.
5 days ago
Trump said starting Feb. 1, his administration will block funds, but he didn't provide specifics.
6 days ago
Harvey did not like the opinion about men that he heard from Maria.
6 days ago
Harvey didn't hold back and even went on to name some of the top celebrities.
6 days ago
Senior editor Charles C.W. Cooke said the cap could destroy the GOP's chances in the midterms
7 days ago