- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: High credit score = no assistance from FEMA
Posted on 8/24/16 at 8:23 am to Gaston
Posted on 8/24/16 at 8:23 am to Gaston
quote:
After Katrina we got a $2500, I think, FEMA disaster grant just after the storm. To fix our place we had to take out an SBA loan. Ours was $190k, we had just bought our home and had no flood insurance...the federal government, not FEMA, came back and gave us a $150k grant to pay off what it did of the SBA loan.
Wait, are you fricking kidding me? You got an SBA loan and FEMA came back around and gave you a grant to pay your SBA loan off with?? What?
Posted on 8/24/16 at 8:39 am to Jim Smith
No, FEMA didn't pay him, the government allocated a ton of additional funding after the fact.
Posted on 8/24/16 at 9:46 am to Jim Smith
I don't know how you got that out of what I wrote. I received $150k grant to pay off the $190k SBA loan I took out, but it was long after FEMA left the scene. Really though, they bailed out Countrywide. With the $40k remaining and the $180k loan I had to purchase the house two years prior, for $200k, I was upside down in the home.
It was all so fricking wonderful contemplating bankruptcy for months on end though, let me tell you. Living in a FEMA camper in the front yard with a wife who had become pregnant while we were refugees, all to slave most evenings (after commuting to NOLA on a fricked up bridge to work at Lockheed) in a fricked up house in a destroyed town, with bankruptcy looming. All just peachy, I wish I could describe it better.
It was all so fricking wonderful contemplating bankruptcy for months on end though, let me tell you. Living in a FEMA camper in the front yard with a wife who had become pregnant while we were refugees, all to slave most evenings (after commuting to NOLA on a fricked up bridge to work at Lockheed) in a fricked up house in a destroyed town, with bankruptcy looming. All just peachy, I wish I could describe it better.
This post was edited on 8/24/16 at 9:48 am
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)