Givling Helps Users Get Into Debt With New Rule Change | national news
JACKSON, Wyo., November 24, 2021 / PRNewswire / – To give, the patented crowdfunding trivia game, offered its own brand of “Thanksgivling” to families in need this year. The platform awarded more than $ 8 million that the recipients used to repay their student loan and mortgage debt. However, realizing the needs during the global pandemic, the $ 5,000 and $ 10,000 Grants previously reserved for student loans and mortgage debt have been allowed to be self-administered for use as needed.
“The pandemic turned the world upside down and people were trying to figure out how they were going to pay their rent and provide for their families,” said Seth Beard, COO of Givling. “We have made the decision to help our community by removing the reward restrictions, and the feedback has been overwhelmingly positive.”
In 2020, Givling announced that two of its funding scholarships – free $ 5,000 purple queue, and $ 10,000 Partner Sponsored Gift Certificates – would be open at the discretion of the winner as to how they were used. The change has relieved families facing a whole new set of challenges due to the global pandemic.
The change has been so well received that it will remain in place for the foreseeable future. The funds have helped with everything from starting new businesses to helping elderly neighbors with groceries.
Mindy Johnson is a teacher at a public school in Houston, texas. Johnson cares for his mother, who suffers from an aggressive form of breast cancer. Struggling to teach during the pandemic and stay Covid-free to protect her mother was stressful enough but then Texas had a freeze and a power failure. Johnson sustained damage to his home and the insurance did not cover the full cost. She won $ 5,000 which will help him cover the repair costs and allow him to recover his savings. Johnson said: “I’m just thankful that this community exists and the fact that this award came when I needed it most is just a total blessing.”
âIn a time of economic uncertainty, it was an easy decision to make to support our community,â said Laurie Farros, president of Givling. “However, we realized it was more than just meeting needs, it was about empowering people to make a difference for themselves and for others.”
With the change, To give remains committed to its mission to help reduce the two most common financial stressors – student loans and mortgage debt. If the self-directed scholarships are applied to a student loan or mortgage, people can also compete to win a $ 50,000 Price. This grant remains reserved for the repayment of the student loan and the mortgage debt.
About Givling, Inc.
Givling, a crowdfunding trivia game, awarded more than $ 8 million to its users to reduce student loans and mortgage debt. Trivia winners are given money to spend however they want. A new user can download Givling today and get free $ 5,000 Reward or be a FreePlay Trivia winner in a week or less. Visit givling.com to create your free account and play today!
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SOURCE Givling, Inc.