5. You’re in debt
Forgot about debt? Because debt hasn’t forgotten you. Your third stimulus payment could be reduced significantly in order to pay state income taxes, child support, debts owed to federal agencies, federal taxes, or unemployment compensation debts.
If you’re in debt, you can say bye-bye to your third stimulus payment. However, you might be able to escape this awful situation if your stimulus payment is sent by mail. Direct deposits are more prone to face garnishment than paper checks.
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1 thought on “7 Likely Reasons Why Your 3rd Stimulus Payment Could Be Late”
I am 76 years old and I depend on my SS Check every month. It is what I survive with when it arrives if it ever arrives. I don’t understand why it takes so long to arrive. Thank you if you send me a response.
Sincerely,
Iris B.