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re: How do you feel about people who are taking advantage of the Covid-19 "offers"?

Posted on 8/18/20 at 7:13 pm to
Posted by supadave3
Houston, TX
Member since Dec 2005
30574 posts
Posted on 8/18/20 at 7:13 pm to
quote:

He had no circumstances that would cause him to need the forbearance. He is paying down credit card debt instead of paying his mortgage.


I was in forbearance once. He’ll regret thAt.
Posted by madamsquirrel
The Snarlington Estate
Member since Jul 2009
50911 posts
Posted on 8/18/20 at 7:19 pm to
quote:


I was in forbearance once. He’ll regret thAt.
this is what i heard from people who did it after 2016 flood
Posted by Chinese Bandit
Edmond, Ok
Member since Jan 2004
1545 posts
Posted on 8/18/20 at 9:16 pm to
He needs to read the fine print on his Forebearance....6 months of mortgage payments will be due the month it ends. They don’t tack on to the end 6 more months like people think...they just forgive you having to make payments for these 6 months and then wham...all due at once. At least that’s the way our bank explained it
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