4min chapter

Oh My Fraud cover image

This…is American EIDL Fraud!

Oh My Fraud

CHAPTER

Defining Disasters and Eligibility for Disaster Loans

This chapter discusses the deferment of payment for COVID-19 idle loans until the disaster is over, the need to define a disaster, eligibility for disaster loans, and skepticism around the government's definition of a disaster. They also mention that all 50 states were declared eligible for disaster assistance during the COVID-19 pandemic.

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