Great news but Forgiveness is still absolutely neccessary!
@rikimaru755
Ай бұрын
Facts
@rambosidi7634
Ай бұрын
Yep
@fjlouis337
Ай бұрын
Definitely‼️
@OmegaClassicRecords100
Ай бұрын
Absolutely necessary!! Period.
@ismethoxha6882
Ай бұрын
We need to be forgiveness.
@rgcwow
Ай бұрын
Skip, many of your videos have been very informative. But this video title borders on "click bait", & essentially is void of much, if any, useful EIDL info.
@Steve-Chukee
Ай бұрын
I would say another bullshit from SBA. Forgiveness is the only solution.
@rikimaru755
Ай бұрын
Facts
@-Justjayfr
Ай бұрын
I thought they were actually writing off the interest. Thank you! Waiting patiently for forgiveness!
@forrestcrump5633
Ай бұрын
Keep fighting for us thank you
@cindyharris3201
Ай бұрын
Thank you! Waiting patiently for forgiveness!
@pilot7775
Ай бұрын
I thought they were actually writing off the interest.😢
@davidburgos1342
Ай бұрын
Yeah..I don't understand the point of this video. Your loan is not my loan ;\
@lafsatx
Ай бұрын
I agree! He is talking about a particular loan but nit all so what’s the good news???
@Akbar_Faizi
Ай бұрын
I can't pay it back at all. Because I became disabled permanently last year. I hope they forgive our loans.
@TheBossLadyNicky
Ай бұрын
I'm glad for those people. I haven't been able to keep up with these freaking payments
@vagabondabbie
Ай бұрын
Forgive me or bankrupsy awaits
@danielwatkins286
Ай бұрын
Keep the payments at 10% or total forgiveness
@desdavis2273
Ай бұрын
Is there going to be another hardship after the 6 months SKIP
@chrisbarker1763
Ай бұрын
From my understanding, you can do another one down the road as long as you current on your payments.
@philanderson1200
Ай бұрын
I took the EIDL loan just to get the $10k grant
@mickeymouse4351
Ай бұрын
I did too, and the $10k promised never happen...
@Mk47Ultra
Ай бұрын
And btw if your an eidl borrower and your worried or stressed out I just wanna say don’t worry. You really think the government is going to try to collect on millions of loans from businesses it will completely bankrupt the US economy and everything will come down like a house of cards. The money they gave was money you deserved to keep the business afloat and it hasn’t even gotten better economically, if anything they need to give another round of EIDL to keep the economy from collapsing.
@debbietruong8137
Ай бұрын
👍
@CarissaOchiTheMogul
Ай бұрын
RT
@andreacarr1715
Ай бұрын
Hi been a subscribe member since you started and never got approved for any GRANTS 😮
@brandypassmore2914
Ай бұрын
Forgiveness or Interest Refund
@joelbosh1223
Ай бұрын
We had to stop payments, now they are calling
@diamondmills9586
9 күн бұрын
Sba don’t call they email sometimes that be scammers
@roadlion7195
Ай бұрын
Thank you for the updates. Hopefully when Trump gets back in, things will change for the good!
@ImaYam
Ай бұрын
Pray for that and what’s right, these extremist weirdos are clearly loosing it
@marklaudenslager1403
Ай бұрын
I assume that the majority of folks on the hardship plan, which I believe you covered prior and is a big number, are no where near hitting principal , and highly doubt it would be anytime soon that happens for those borrowers.
@agentgringo1996
Ай бұрын
Hardship is 2 yrs? I thought it was only 6 months.
@heyitsalfe
Ай бұрын
Apparently you can do the hardship up to 4 times
@trialtube6365
Ай бұрын
EIDL is not a means of relife, the interest make it more difficult. Anyway keep up the good work.
@krealtor1
Ай бұрын
I took out 72000 I owe now 80000 😬
@waynedavids-bb6qf
Ай бұрын
@@krealtor1 please how can I apply for SBA of 72000 and please send me the link and procedures.thanks
@Mk47Ultra
Ай бұрын
They took it out of the treasury, so why even pay it. It will be forgiven in a year or so. Anyone making payments is an idiot
@alanpotashnick
15 күн бұрын
Hi MK47Ultra. I like how you think. They took it out of the treasury only for 2 years. it will go back there? Why do you think it will take a year or so to be forgiven? Thank you.
@Mk47Ultra
15 күн бұрын
@@alanpotashnick they can’t just say forgive because the people who paid will get mad and low wage employees who think a couple hundred grand is a lot of money will get mad. They postponed it for 2 whole years. That’s crazy in the repossession loan world. They did that to buy time and slowly after 2 years they will come out with a statement saying oh we are postponing it again in different wording or maybe trump will say to help the business we will forgive them. But either way either party won’t change the fact that if you gave money to busniesses to “help” them because ofcorse they have to give the money. The busniesses are what America is. Without them there is no economy there is no country. And those busniesses can’t pay it back. You can’t expect millions of busniesses to just make another extra 500k specially in this economy in which they have created. Not just you but anyone thinking about this situation just take a step back and look at the whole picture. The treasury collecting on this is going to be a larger nightmare then a certain country in the 1940s trying to round up a certain type of people.
@kohtraveler
Ай бұрын
I really would like to see the total forgiveness of the loan. Thank you for the updates
@shanejohnson9788
Ай бұрын
Well I’m being forced to go out of business so although this loan did prolong that now I’m left holding the bag.
@powerplay1234567
25 күн бұрын
😮😢 i’m so sorry . i hope it gets better for u immediately
@shikela05
Ай бұрын
Hi watching the replay thank you so much for sharing keep us informed 🤗😘❤️
@abdulali7576
Ай бұрын
Thank you Ryder Losing so much money in the last 4 years and never had so much hard time before you have been great making business stay optimistic
@rambosidi7634
Ай бұрын
Great news but Forgiveness is still absolutely neccessary!
@debbietruong8137
Ай бұрын
👍
@waynedavids-bb6qf
Ай бұрын
Can you please send the link to apply for payment. Thanks
@catherinebassetti9005
Ай бұрын
This isnt so helpful. I thought there would be an announcement that interest halted. Whats the new point here? One person has paid tons in interest, OK
@michellemellis
Ай бұрын
This 'good news' doesn't apply to me yet - still $8,000+ in interest to be paid, with a monthly payment of $612. I DID make the huge mistake of deferring payments, really wish I hadn't.
@mickeymouse4351
Ай бұрын
Skip, what is the Good News, you said go to the SBA website and look up your loan??
@waynedavids-bb6qf
Ай бұрын
@@mickeymouse4351 please give me the link for the SBA application.thanks
@Ninja-vn2bo
Ай бұрын
this video was really wordy, can someone tell me the point?
@JAYBYRD1902
Ай бұрын
My business has just about failed since i took the eidle and i cant repay any advice or options i might have?
@TheSchmuel
Ай бұрын
What is your loan amount? Was it a secured or unsecured loan? Loan to you or your business entity?
@dominiquescarimbolo7389
Ай бұрын
Im in the same boat with you with our business.
@eyecandylashlounge
Ай бұрын
My lawyer said b/c my biz closed & I dissolved LLC, no personal guarantee only 50K. No need to file bankruptcy
@TheSchmuel
Ай бұрын
@@eyecandylashlounge This is correct. I think the loan amount is 150k? If you are under that, went out of biz, dissolved entity, there is legally no liability on your part. SBA is still hounding me but they have no jurisdiction and they can go away!
@eyecandylashlounge
Ай бұрын
@@TheSchmuel thank you for responding:)
@espoirelikia8956
Ай бұрын
Where to find the link to sign the petition?
@denisegonzales7890
Ай бұрын
They need to at least have forgiveness of 10,000 for everyone! That would help a lot!
@brianaziz9913
Ай бұрын
Can we still sign that petition. How can we bring this to the attention of other people the petition
@dinadina1852
Ай бұрын
Why they spend our tax money on wars, immigration, and more, why they don't help small business that we are trying to survive, please help inside the house first... my business is aredy shot down , and still struggling making payments.
@jerrytetro6482
Ай бұрын
Interest on the loan nothing new here, whats the point?
@Skinnywhale
Ай бұрын
I’ve been making double payments since Feb 2023 Do you if all those extra payments will automatically be applied towards the principal???
@lesliemurillo4167
Ай бұрын
I am paying my EIDL loan, but I’m not close to starting paying in principle, I thought interest were getting forgiven. Thank you for the info. I’ll be 90 years old by the time I finish paying 😢
@roywalden8809
Ай бұрын
My business didn’t survive the financial repercussions of the COVID pandemic and at age 69 I made the decision to finally take my social security retirement benefits and I’ve just been making the required payments on my EIDL loan at a great hardship. Any deferment or hardship options available just increase the balance due by kicking the can down the road. Grants, from what I can see, are for active struggling businesses so I don’t qualify. If Congress doesn’t do something for cases like mine, my loan will probably outlive me and my kids will have to deal with it. It’s a dire situation with no hope or resolution in sight. I did not expect my business to die or I would never have accepted the loan in the first place and just closed up shop. At least bankruptcy would have brought a less painful end to my ordeal but as you know, bankruptcy won’t help with EIDL loans.
@davidbauld5800
Ай бұрын
Grants are 1099 income, you pay tax on a grant
@tonyellington2224
Ай бұрын
If you do the hardship, does it potentially hurt your standing with the SBA or D&B? I've been praying since 11/22. I've never been late or missed a payment. Yet I get 2 to 3 phone calls a month from companies asking if I would like to take advantage of the hardship opportunity.
@leahcalhoun2426
Ай бұрын
I only took the EIDL because I was approved for the RRF and was assured that it would be paid "eventually". My RRF was rescinded and I am stuck with this debt. I would have been able to pay off the EIDL with my RRF
@sophiapaulekas4767
Ай бұрын
Can I take a hardship accomodation if I took a loan for $280,000?
@xa3558
Ай бұрын
Skip, we love you ! But it looks like you are become same as SBA😂
@Stephaniemyersofficial
Ай бұрын
Not sure What this video is saying.
@christopherjohnson2375
Ай бұрын
They can send $175 BILLION to Ukraine but F the small business owners
@johnh1561
Ай бұрын
Thanks
@johnschneider2485
Ай бұрын
There's been discussions about anything under $100,000 450,000 total forgiveness because it would be it would cost the government more to try to get them back get it back then to just forget it because a lot of them are delinquent and bankruptcy I'm not delinquent I'm just paying of the 10% of what I owe because I can't really afford the $382 a month I'm paying $40 but forgiveness would really help that's my car payment
@heiditorres5553
Ай бұрын
Do you have a loan for Non-Profit?
@blesseddiva5179
Ай бұрын
Good question thanks for asking.
@ebbertgepner
Ай бұрын
Forgiveness of this specific loan is the only real path for real help to Americans that were in need of help with this loan!! Unfortunately we don’t have a HUGE lobbying firm on the borrowers side to advocate to congress to make that happen!!
@erekesor
Ай бұрын
It’s click bait for sure I’ll most likely unsubscribe
@andrelewis6015
Ай бұрын
Did my research is this grant over with or they doing it again ?
@cshoescompany6421
Ай бұрын
We need forgiveness skip
@dominiquescarimbolo7389
Ай бұрын
Forgiveness is the biggest thing we need. We were basically cornered into taking out these EIDL loans. Had we been able to operate, we never would of needed them. Forcing us to not operate and then not offering EVERYTHING as a grant is the most ridiculous, selfish thing ever, and yes we agreed to it, because it was either take the loan or close permanently, so we took out the loan. Since then, we still had to close one of our businesses due to lack of financial recovery, and have no way of paying back one of the loans and don't know what to do from here without losing all of our personal assets because we had to personally guarantee the loans.
@cecilgatlin6950
Ай бұрын
Forgiveness is needed badly
@txss
22 күн бұрын
This is not good news, this is no news and only applies to a very few. I don't see the point in this video.
@alltruckfleet
Ай бұрын
ACTUALLY, if you do the math, interest rate comes out to around 4.5% if you include daily accrual
@nicolaperrelli1088
Ай бұрын
BS VIDEO
@jasondupuis7506
Ай бұрын
Dumb video thanks for getting our hopes up for nothing
@dr.stellajefferies3049
Ай бұрын
Yes to forgiveness
@powerplay1234567
25 күн бұрын
God Help us All ! extremely extremely difficult . business still not returned to pre covid level. i am in the defense sector . money not available. u would be surprised what I have to take care of
@oakridgeboy2023
Ай бұрын
Hell with em, whole thing based on a scam
@iceblue6971
Ай бұрын
Joke
@SuperDereck69
Ай бұрын
IF they can forgive student loans which had nothing to do with the pandemic they forgive these loans
@anthonylarusso9676
Ай бұрын
FOREGIVENESS, ONLY WAY
@bodyhealthoptions
Ай бұрын
👍🏿
@starswholesale9843
Ай бұрын
Nothing new
@bratu4ed
Ай бұрын
Why I wasted my time watching this video? ❤
@jeffplante7621
Ай бұрын
I agree. This “good news” really only applies to a very few of us. Most of us probably still owe more than we borrowed. Skip’s videos can be a good place to read comments from other EDL borrowers.
Пікірлер: 100