r/EIDL

▲ 18 r/EIDL

The anxiety of having an EIDL loan is exhausting

I’ll probably be paying this loan until I die. My business doesn’t even exist anymore (the SBA is aware), and now I have the added anxiety of potentially receiving a letter from DOZE and having to deal with that, too.

I’m not necessarily looking for advice. I just needed to vent to people who understand what it’s like to go through this. The anxiety is exhausting, and I wouldn’t wish it on anyone.

For those curious, I owned a gym that was set up as an LLC, and my loan was for around $21,000. I know that’s not a huge amount compared to some, but even paying a couple hundred a month from my personal account is not something I thought I would be dealing with. I know I have no one to blame but myself, but I wish I could go back in time and never take out the loan.

Sorry for the dramatics - just needed to vent 😅

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u/Outrageous-Course896 — 6 days ago
▲ 14 r/EIDL+1 crossposts

Please Help! I pulled my credit report with TransUnion. I was thinking about filing chapter 7 but I noticed the date this EIDL loan would be removed is 11-2028 anyone else have this

If this is true I wouldn’t file BK I would suck it up and let them garnish me for a few years also my credit score jumped up today to with 57 points back to 648

u/No_Mud_3552 — 11 days ago
▲ 4 r/EIDL+1 crossposts

Here is my Credit Score Also that was updated today. Jump up 57 Points. It’s weird because I don’t have any recent changes either.

u/No_Mud_3552 — 11 days ago
▲ 4 r/EIDL+1 crossposts

EIDL with no PG. Did anyone's crtedit get hit yet?

Have an EIDL with less than $ 50K borrowed. No PG; under a corporation.

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u/Musahumo — 11 days ago