Question???
My C3C- and soon to be C2C son just mentioned that he has an opportunity to receive a Loan from the govt. of about $30,000. I am having very mixed feelings about his taking out this loan, since we were recently able to get him a used car for this summer, and he really doesn't have an immediate need for this loan. If he doesn't need the loan right now, can he postpone this until a later date when he might need the money, such as a down payment on a home?
Please let me know as much as you can about these loans.
Thanks so much,
batmom
My C3C- and soon to be C2C son just mentioned that he has an opportunity to receive a Loan from the govt. of about $30,000. I am having very mixed feelings about his taking out this loan, since we were recently able to get him a used car for this summer, and he really doesn't have an immediate need for this loan. If he doesn't need the loan right now, can he postpone this until a later date when he might need the money, such as a down payment on a home?
Please let me know as much as you can about these loans.
Thanks so much,
batmom