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3 Stimulus Check Myths You Shouldn't Believe


Millions of Americans are struggling financially because of COVID-19. If you're one of them, you may already have a touch of relief in the form of a $1,200 stimulus payment. These payments are part of a $2 trillion economic stimulus package that was signed into law in late March, and they've already begun hitting some recipients' bank accounts.

That said, there's a lot of confusion surrounding those stimulus checks, and also, a fair amount of misinformation. Understanding how those payments work could help ease your worries during an already difficult time, so here are a few myths you shouldn't buy into.

IMAGE SOURCE: GETTY IMAGES.

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Source Fool.com


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