Forbearance Awareness! (Borrower Beware)

What this episode covers

We have offers coming at us for forbearance on our student loans and mortgages. Listen in- as it has some pitfalls. Major need to know: if you are in forbearance for your mortgage, you may need to pay 3 months of on time payments after the forbearance in order to refinance or get a purchase mortgage loan. Also, a forbearance can effect your score, even though you are not late! Just the act of listing it as a forbearance can negatively impact your score. You need to know a few facts. Give me 8 minutes, I will give you great nuggets of info!

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Frequently Asked Questions

How long is this episode of Credit Coaching by Kristi?

This episode is 8 minutes long.

When was this Credit Coaching by Kristi episode published?

This episode was published on June 30, 2020.

What is this episode about?

We have offers coming at us for forbearance on our student loans and mortgages. Listen in- as it has some pitfalls. Major need to know: if you are in forbearance for your mortgage, you may need to pay 3 months of on time payments after the...

Can I download this Credit Coaching by Kristi episode?

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