My car loan company will let us skip the payment once per year. Of course, the payment is added to the end of the loan and I understand the disadvantages but...
Just wondering if anyone has a mortgage company that will let you skip a payment.
Asked by Anonymous at 7:44 PM on Sep. 18, 2010 in Money & Work
Answer by Congenial at 7:54 PM on Sep. 18, 2010
Answer by navywifemomkoch at 7:48 PM on Sep. 18, 2010
Answer by Luisa621 at 7:46 PM on Sep. 18, 2010
Answer by Anna-Chubaby at 7:46 PM on Sep. 18, 2010
Answer by But_Mommie at 7:49 PM on Sep. 18, 2010
Answer by foxracing43701 at 7:54 PM on Sep. 18, 2010
It's probably a long shot with any mortgage holder. However, if there is a shot- communicate with the holder before the note is late. Actually, not just with mortgages, with any debt you have. If something has happened to make things come up short, talk to them before accounts are in arrears. Once we had the transmission go out on the only vehicle we owned at the time. I contacted the people we owed money to and all but one worked with us. That was many years ago but the advice is still sound.
Answer by GrnEyedGrandma at 7:54 PM on Sep. 18, 2010
Answer by KairisMama at 12:00 PM on Sep. 19, 2010
Answer by HotMama330 at 12:24 PM on Sep. 19, 2010
Read the answer to this question. Will your mortgage company let you skip a payment?
Then read this. What is a Forbearance Agreement?
Answer by musicmom08 at 2:21 PM on Sep. 19, 2010
Next question overall
Do you think there could be a good reason to abandon you child?