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ok, but what harm is done to banks if they defer 3 months

Posted on: March 20, 2020 at 10:32:34 CT

tigerinhogtown STL

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M.O.B. Votes:

of loan payments? not forgive them, defer them, extend the loan terms.

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MESSAGE THREAD

Here's something the Feds should consider: - Deputy Dawg MU - 3/20 10:00:10

I'll amend that to say all federal student loans. - Deputy Dawg MU - 3/20 10:10:11

Better idea. - Newcatbirdseat MU - 3/20 10:12:03

I think all loan collections should be put on a 90 day hold - tigerinhogtown STL - 3/20 10:07:01

there's no central planning capable of saving the - ashtray UF - 3/20 10:27:30

ok, but what harm is done to banks if they defer 3 months - tigerinhogtown STL - 3/20 10:32:34

Most banks have defered - meatiger MU - 3/20 10:36:01

the only defer I heard was people could defer their - tigerinhogtown STL - 3/20 10:41:54

Not what I have heard - meatiger MU - 3/20 10:44:05

that would be great. and go so much further than - tigerinhogtown STL - 3/20 10:45:26

if they choose to do that of their own free will - ashtray UF - 3/20 10:35:43

Ideally I agree, but I believe some type of gov't mandate - tigerinhogtown STL - 3/20 10:42:54

“who said anything about forcing them to do so?” - pickle MU

- 3/20 10:45:15

I think loan COLLECTIONS should be put on hold - tigerinhogtown STL - 3/20 10:46:28

"some type of gov't mandate" - meatiger MU - 3/20 10:49:43

"some type of gov't mandate would be better than...." - tigerinhogtown STL - 3/20 10:52:39

mandates and gvmt “laws” are force - pickle MU

- 3/20 10:55:29

I'm offering an alternative - "better than" - tigerinhogtown STL - 3/20 11:01:08

no you aren’t. You’re calling for the use of force (nm) - pickle MU

- 3/20 11:19:57

yes, people collecting on sums owed should be - 90Tiger STL - 3/20 10:16:09

What if the loan collection companies - meatiger MU - 3/20 10:08:32

You don't think that lenders have bills? - meatiger MU - 3/20 10:22:40

I run a business, overhead is the same - tigerinhogtown STL - 3/20 10:28:15

he must think they just exist to deposit checks and have - 90Tiger STL - 3/20 10:24:38

if the business / building is shutdown, what outgo do they - tigerinhogtown STL - 3/20 10:30:14

Maybe they have decided - meatiger MU - 3/20 10:32:13

and those employees that are still working can't get a - tigerinhogtown STL - 3/20 10:40:13

RE: and those employees that are still working can't get a - meatiger MU - 3/20 10:42:48

you know there is a difference between collections & - tigerinhogtown STL - 3/20 10:44:23

Almost like chain restaurants really are not local(nm) - meatiger MU - 3/20 10:25:51

that comment, like most, went over your head. - 90Tiger STL - 3/20 10:28:08

I completely agree with that comment - meatiger MU - 3/20 10:30:22

oops...wrong place(nm) - meatiger MU - 3/20 10:24:14

i never understand his posts (nm) - pickle MU

- 3/20 10:23:21

what bills? and if employees don't have loan payments to - tigerinhogtown STL - 3/20 10:19:18

RE: what bills? and if employees don't have loan payments to - meatiger MU - 3/20 10:24:02

seig heil (nm) - pickle MU

- 3/20 10:08:28

no (nm) - pickle MU

- 3/20 10:07:00

RE: no (nm) - tigerinhogtown STL - 3/20 10:17:48

I’m going to side with liberty and rights every time (nm) - pickle MU

- 3/20 11:00:23

Do you also whine - meatiger MU - 3/20 10:04:17

Spoken like a true deadbeat. If there's no punishment... - Deputy Dawg MU - 3/20 10:08:30

taxation is theft - ashtray UF - 3/20 10:29:47

So you would be fine - meatiger MU - 3/20 10:09:27