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Updated over 4 years ago on .

Stephen Spradley's profile image
Stephen Spradley's profile image
Stephen Spradley
  • from Fort Collins, CO
  • Member since Mar 2, 2017
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110
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69
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Stephen Spradley's profile image
Stephen Spradley's profile image
Stephen Spradley
  • from Fort Collins, CO
  • Member since Mar 2, 2017
Connect
Stephen Spradley
  • Fort Collins, CO
69
Votes |
110
Posts
Personal Finance

Thoughts on mortgage forbearance?

Stephen Spradley
  • Fort Collins, CO
Posted

Morning BP,

Recently I’ve seen an uptick in people advocating applying for mortgage forbearance simply for the fact that putting off paying a mortgage for a year can obviously help speed up savings and other financial goals. Supposedly it is extremely simple and has no long term repercussions on credit or anything. Seems a bit out there, but I’m interested in hearing the communities thoughts on this.

Thanks!

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