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SAN DIEGO (KGTV) - At the end of the week, many federal government employees may find themselves in a financial bind as they arrive at their first pay period of the shutdown without a paycheck. Enrique, a federal contractor who did not want to use his last name, created a GoFundMe campaign to cope with the lack of funds. He asked for ,000 to cover his salary gap, posting a picture of his family to encourage donations. “This shutdown really affects me because once the shutdown ends I will not get back pay as a contractor,” Enrique said. Christian Rodriquez is a corrections officer at Metropolitan Correctional Center detention facility in downtown San Diego. His work is deemed essential, so he is working without pay."I'm going to have to borrow from family and friends to pay my mortgage, or get a loan," said Rodriguez.Some institutions, including Navy Federal Credit Union (NFCU), are offering no-interest loans to help workers through the crisis. Other banks, including Chase and Wells Fargo, encouraged affected customers to reach out for assistance.While some loans may have fair terms, government employees are warned to beware of so-called predatory lenders during the shutdown. The California Department of Business Oversight (CDBO) has established guidelines to protect borrowers from illegal and improper lending practices. The agency is warning government workers against excessively high fees and commissions, high interest rates, high-cost credit insurance, and refinancing with higher fees, known as “loan flipping”. CDBO experts have tips for anyone seeking a loan.Shop around: Compare interest rates and total costs of loans by several banks and credit unionsUse caution: Be wary of lenders who contact you first, or offers “only good for a short time”Ask questions: You have a legal right to know the total cost of the loan, the APR, monthly payments, and how long you have to pay it backThink before you sign: Make sure you understand all documents, and consider having someone else check them 2031
SAN DIEGO (KGTV) - Charles Schwab is the latest large investment firm to offer fractional stocks as a way to get more people to invest.The move puts more high-dollar, blue chip stocks within reach for younger customers."It's a big win to consumers in general," says Steven Fox, the owner of Next Gen Financial Planning. "That's particularly helpful for younger investors because they typically tend to have smaller accounts."A recent report says that 66% of millennials say they're afraid of the stock market. Fox thinks it's because that generation watched their parents go through multiple downturns and were turned off by its volatility.But, Fox says fractional stocks, and other new ideas from large companies are enticing more people to invest. He says many firms are starting to offer perks like zero-commission trades, fractional stocks, and on-line based accounts to help people save money and invest more."It may only be 1%, but for a lot of people over a long period of time, as you account grows more and more, that 1% can mean a difference of tens or hundreds of thousands of dollars that you would have available to pull out later in life."Fox says it also helps people keep a more diverse portfolio. He says this is the start of a shift to more direct indexing, where investors will be able to use fractional stocks to create their own groups of investments, rather than buying pre-set mutual funds or indexes."You're gonna see more technology come out that makes it easy to do direct indexing and consumers are going to see more and more options here," says Fox. 1585

SAN DIEGO (KGTV) — Chula Vista boasts several dog-friendly spots to take fido out for a play date or walk.Thankfully, the city sits in one of the most dog-friendly regions of the country, making choices for dog owners easy.Here are some parks in the South Bay that give pooches plenty of space to run, socialize, and play in the sun.Otay Ranch Town Center Dog Park (2015 Birch Rd.): Otay Ranch dog park features about 10,000-square-feet of open space for dogs to play. The park is close to dog-friendly retail and dining options in the town center too.Montevalle Park (840 Duncan Ranch Rd.): Dogs get plenty of space to play at Montevalle Park, including a separate area for small dogs, doggie water stations, and waste cleanup areas.Mount San Miguel Park (2335 Paseo Veracruz): Mount San Miguel Park features separate large and small dog areas and water for both dogs and humans.Orange Park (1475 Fourth Ave.): Provides a spot for doggos to run and roll around in dirt near the park's athletic fields. 1010
SAN DIEGO (KGTV) — California's regional stay-at-home orders will go into effect in San Diego County on Sunday after the Southern California region fell below the 15% ICU threshold that triggers the restrictions.The state Department of Public Health announced the Southern California region, which includes San Diego, Los Angeles, Orange, Riverside, Imperial, Inyo, Mono, San Bernardino, San Luis Obispo, Santa Barbara, and Ventura counties, fell to 13.1% ICU capacity on Friday. That number dropped to 12.5% on Saturday.The restrictions will begin for a region at 11:59 p.m. on Sunday, according to the state. The region will be allowed to exit the order and return to previous reopening restrictions on Dec. 28 if ICU capacity projections for the following month are above or equal to 15%.RELATED: San Diego hospitals react to Newsom’s regional stay-at-home orderUnder the regional stay-at-home order, restrictions will last for three weeks and ban gatherings of people from different households. Several businesses will also be forced to close, including:indoor and outdoor playgrounds;indoor recreational facilities;hair salons and barbershops;personal care services;museums, zoos, and aquariums;movie theaters;wineries, bars, breweries, and distilleries;family entertainment centers;cardrooms and satellite wagering;limited services;live audience sports; andamusement parks.Schools with a waiver, "critical infrastructure," retail stores at 20% capacity, and restaurants offering takeout and delivery service can stay open. Hotels can also remain open "for critical infrastructure support only," and churches would be limited to outdoor services. Businesses have 48 hours to comply with the new health order.RELATED: Gov. Newsom: New California stay-at-home order triggered by ICU capacityOn Friday, San Diego County reported a record 2,039 new cases of COVID-19, and seven additional deaths, bringing the local tally to 88,181 cases and 1,047 deaths. The county has 791 coronavirus-related hospitalizations, 216 of those in the ICU, according to Friday's data. San Diego County's ICU capacity sat at 23%. Over the last 30 days, county health officials said there has been a 178% increase in COVID-19 hospitalizations and a 121% increase in COVID-19 ICU cases.San Joaquin Valley also fell below the state's threshold on Friday, with 14.1% ICU capacity, according to CDPH:Bay Area: 21.2%Greater Sacramento Region: 21.4%Northern California: 20.9%San Joaquin Valley: 14.1%Southern California: 13.1%Multiple Bay Area counties have already started the latest health order. The new restrictions come after Governor Gavin Newsom said he was pulling an "emergency brake" on Thursday to stop the spread of coronavirus.San Diego County Supervisor Jim Desmond responded with the following statement Saturday: 2811
SAN DIEGO (KGTV) — As San Diegans ready their votes for the fate of Mission Valley's SDCCU Stadium site, a new poll indicates the likelihood of competing measures for the area.In a 10News/San Diego Union-Tribune poll conducted by SurveyUSA, Measure E, also known as the Soccer City Initiative, currently trails 3 to 2 among those surveyed.Measure G, known as SDSU West, leads 2 to 1 among those surveyed.RELATED: 430
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