3 ms·
but isn't that equivalent to just forgiving the loan?
by chii 4y ago
but isn't that equivalent to just forgiving the loan?
- dymk 4y agoNo, loan forgiveness doesn’t wreck your ability to get a future loan.
- spywaregorilla 4y agoFrom the government's books its the same though
- Yahivin 4y agoIt changes the risk profile for the lender when thinking about future loans and gives people who got caught in a bad situation more options.