Question by Kayser: What is a loan Forbearance?
I get my bills through my regular mail, but the one for this month never came and now the due date is pasted (4 days). SInce is late now i tried to pay online but there is a form they want me to fill called ” Forbearance”. I don’t understand what is this? Do i follow through this Forbearance and still pay it online?

Best answer:

Answer by gardenoflia
Don’t do it! Probably a scam! You will lose your home! So you’re 4 days late. Go directly to your lender, and pay the damn thing, plus the penalty. Why don’t you have this being taken automatically out of your account every month? Or an alarm on your cell pone to go to the bank and pay it on time every month?

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