Coronavirus

Theres a few banks out here suspending mortgages.

 

suspend vs deffer....

someone explain please...

FWIW Im paying my mortgage cause its just a damn china flu




If the robots dont crash the party best week in the markets in like 80 years .... thanks china



robots put a stinky finger in the punch bowl ... still one of the best weeks ever... NOT AN ENDORSEMENT OF ANY SORT just stating a fact

 

Different places use different language but “deferring” would generally mean you just don’t make your payment but interest keeps accruing. Doing this for multiple months is going to really screw up people’s amortization and it will end up taking several extra months to pay off.

We are letting people defer payments but letting the accrued interest for those deferred payments be pushed to the end of the loan. This keeps the amortization closer to the original which will save the customer in interest expenses.

 

Imgur: The magic of the Internet

 

Sounds like no bonus for Toby this year then

 

I would never ...

 

I was going to buy a Nintendo Switch with my $1200 socialism check, but they're all sold out.

FML.

 

just order it from Amazon... July delivery

 

I ordered some welcome mats on Amazon. 5 week delivery time

 

Just as well... nobody should be visiting anyway.