Thread: This Market...
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Old 03-20-2020, 10:06 AM   #56
Jim in CT
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Join Date: Jul 2008
Posts: 20,441
Quote:
Originally Posted by wdmso View Post
I have no faith that banks will defer anything.. you get 3 months behind on a mortgage plus late fees and your credit score destroyed you'll never recover even if you get back to work
we will see. obviously we both hope that people
impacted the most are given a chance to recover.

People claw their way back all the time. it’s not easy or quick, but it happens.

my hope is that the relief package provides loans to banks to allow them to be more forgiving than usual.

Saw that Amazon is hiring 100,000 new employees right away, that’s big.

like you, i’m lucky enough to not be too impacted, i can work from home. I wish everyone was as secure.
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