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
While the contestants believed they had the truth backing them, they also had great obstacles.
10 hours ago
The guest who expected the item to be worth $1,500 was visibly shocked after learning its true value.
18 hours ago
IHOP is a go to place for many who crave pancake in America and many turned up to defend it.
21 hours ago
Even the host, Drew Carey didn't believe what just happened and had to take a few steps backward.
23 hours ago
There have been instances when guests even lost their balance and gasped after the price was revealed.
1 day ago
Retail chains like Costco are usually reliable but sometimes, the products can be quite concerning.
1 day ago
O'Leary was told by the entrepreneur that he will rethink his decision when he sees graffiti anywhere.
1 day ago
The enthusiasm of contestants is seen both during games as well as celebrations that follow.
1 day ago
The case that could've been a waste of time actually made her day with a hilarious moment.
1 day ago
Drew Carey knows how to get the most out of a hilarious situation and that's exactly what happened.
2 days ago
People have also pointed out glitches on screen, showing how carefully they observe details of production.
2 days ago
Things have become a little weird on the show lately, with unusual questions popping up on the screen.
2 days ago
Dogs usually don't get a say in courtrooms but not every courtroom has Judy Sheindlin as the judge.
2 days ago
US-based Apple product owners could get paid per device if the settlement is approved.
2 days ago
The customer who was influenced by the "Tips for Jesus" movement, left everyone disappointed.
3 days ago
Baseball cards are highly sought after especially if they are vintage, which is what these were.
3 days ago
While some viewers on TikTok advised the woman to sue the fast food chain, others were divided.
3 days ago
The big wheel requires some skill and strength while a lot of it is about luck in the end.
3 days ago
Classic musical instruments might be out of circulation but they could still fetch a high price.
4 days ago
He even walked up to the contestant and made a gesture to slap them after an incorrect answer.
4 days ago