YuUnfortunately for many of my compatriots United States of AmericaThe need for benefits such as food stamps has increased in recent years. In 2019, up to 38 million people were receiving what is now known as Supplemental Nutrition Assistance Program (SNAP) benefits.
The number has been increasing as a result of the COVID-19 pandemic and ensuing cost-of-living crisis which is why so many Americans want to be aware of the help they can receive without being held back in other financial ways.
One such method is credit score. It is common to think that your credit score will be damaged by taking any form of interest.
Does CalFresh affect your credit score?
The good news is that receiving benefits does not affect your credit score because it is not something that is reported to the credit bureaus. It does not appear in your credit score in any case.
SNAP can also be known as the CalFresh Program, but in either name, it won’t affect your credit score and prevent you from getting loans or buying items on credit.
However, events that often lead to the need for food stamps can affect your credit. For example, if you are applying for SNAP benefits because you lost your job, you may also have difficulty making your monthly payments to creditors. Late payments and high credit utilization may negatively affect your credit score, but SNAP benefits won’t.
It is not only nutrition-based well-being that does not affect your credit, it is also the case for any type of government welfare where citizens should not be penalized in other ways for needing help to make ends meet.
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