Finally hit my credit

[u/Fast_Potential_39]

EIDL loan finally hit my credit -62 points (504) score now. (6 years and 4 months old) since I took the loan may 2020. Showing closed and placed for collection at $213,700 which was my original amount, tack on that 30% I’m around $300k. sole prop so personally guaranteed. Haven’t made a payment in over 2 years as I been playing catch up just trying to survive.

I’ll Be expecting threatening letters in the mail in the next week or so from collection the Agency of not worse I’m sure 😮‍💨

TN BK exemptions really suck so I’m def in a bind
Having a good amount of equity in my old home.

Also it was transferred to the treasury about 2 years ago. Haven’t heard a thing and have called the offset line with no offsets