If times are truly tough and you cannot make your payments contact your lender and ask for a forbearance. They are generally rather easy to get by making a simple phone call. This puts a halt on your payments for six months without any penalty to your credit. Six months to get yourself back on track, focus on paying your credit card or whatever other irresponsible money owed. Time to get your job, catch up on whatever. Personally I have never heard of any other type loans that are so forgiving. I don't see what the problem is. I agree with you jewels on your coddling comment. You make your bed, you can sleep in it too.
|