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re: EIDL Loan Repayment / Forgiveness
Posted on 5/25/23 at 1:28 pm to TheVig10
Posted on 5/25/23 at 1:28 pm to TheVig10
I got around the same $30k or so. Funny, it doesn’t give you an opportunity for full forbearance, just the ability to drop down to $25/month. I guess if you turn off the auto debit feature then that’s an option too
1
Posted on 5/25/23 at 1:40 pm to Im4datigers
I have a close friend who never made his first payment. $22,000 eidl. Got a notice of delinquency in the mail, tried to log into the portal to setup payment plan and his login no longer worked. After a week or 2 of trying to contact SBA he was told his loan was charged-off. that was that.
i don't understand what they are going to do in the next 12 months when more and more people stop/can't make the payments.
i don't understand what they are going to do in the next 12 months when more and more people stop/can't make the payments.
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