Author Topic: My hardship loan experience  (Read 127 times)

JDII

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My hardship loan experience
« on: June 26, 2020, 10:48:20 AM »
Good morning all,

I have been seeing a lot of comments in the forum in regards to hardship loans. Most of the discussion seems to be based around the secondary market. I have not yet entered that area of trading but thought I would give you my limited view from my account.

Over the past two months I've had about twenty loans in hardship pay off completely.  I'm always a bit surprised to see that but it is a pleasant surprise.  Why is someone in hardship if they can gather up the money to pay off the whole loan? I'm sure there are many reasons and theories.

It seems, from my limited view through the keyhole, that the hardship loans are not a death sentence for your investment. Not as of yet anyway.