Tag: loan
What happens if you’re underwater on a FHA loan?
A few months ago, a couple from Virginia decided to make the largest mortgage payment in their lives.With their savings and $10,000 in credit card debt, the couple needed to put their kids through college.So they borrowed from FHA, which had a loan modification program, for $1,500 and put it toward a $4,000 down payment.The […]
Continue Reading...How to avoid an eidl credit card debt forgiveness clause
The Federal Financial Aid Administration (FFA) has revised its guidelines for how much the federal government can offer student loan forgiveness to low-income borrowers.The agency is considering a recommendation that it will allow borrowers who are not eligible for a federal loan forgiveness program to refinance their loans at a lower rate to avoid a […]
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