I am currently laid off. Is there any relief program that can defer or reduce payments for a period of time.?
I have an FHA home loan.
- Anonymous1 decade agoFavorite Answer
you would have to ask EACH INDIVIDUAL creditor that you have - there is no one world all vendor policy - the interest is going to keep building up - nothing you can do to stop that
- D JLv 71 decade ago
Sorry you got laid off & good luck in your search for another job.
Your credit scorer is going to take a big hit, not much you can do to stop that.
So this is the priority list
Vehicles & insurance
Health - Prescriptions, insurance, etc.
The rest, no money, Cut off everything, Cable, credit cards, anything that cost that does not help with you getting another job. When the collections calls start write a letter telling them what is going on then do not answer the phone, let the machine get it.
You new job is to spend 8 hour a day trying to get a new job.
And again Good Luck, it's tough out there.
- Ryan MLv 71 decade ago
Payments for WHAT??