Posts by wiredwolf212

Linda Johnson15 said:How did you even manage to qualify for three separate loans on a salary of $1667??? I can't speak for JPMorgan Chase specifically, but usually, they only grant a moratorium if you've lost your job or have zero steady income—basically if your bills are so high you literally can't cover the loan payments anymore. They might even deny you if they see you still have savings you're dipping into or if you're carrying a balance on a credit card.

Let me answer that for you. I've been a client with them for years now. I've always stayed on top of my previous loans and paid them back right on schedule. And yeah, my income used to be around $6,800...

I was wondering if anyone knows if it's possible to negotiate a moratorium on loan repayments with Chase. Right now, I've got three different loans with them that I’m paying off like clockwork, but it's getting tight. Between those three, I'm looking at about $3,800 a month, and my take-home pay is around $5,000. I’m curious if there's any room to talk to them about putting some of these payments on hold for a bit to give myself some breathing room.