Do I Have to Repay My Unsecured Covid SBA Loan or Can They Garnish Me?

Do I Have to Repay My Covid SBA Loan or Can They Garnish Me?

Question: Dear Steve, When I received money from a COVID-related disbursement from the SBA I was told it was “an unsecured loan”. Will the SBA be able to invoke federal statute to withhold Social Security Retirement payments to secure repayment of such a loan that is “unsecured”? Does the fact this is classified as a …

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How to Start Your Own Successful Business With Little Money

Tired of the 9 to 5 grind? Considering going into business for yourself? You’re not alone. Millions of people have a similar dream. A few brave ones take the next step. Unfortunately, for many, the dream can turn into a nightmare quickly. The U.S. Small Business Administration statistics show that well over half of all …

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Would We Be Better Off Not Paying Advanta? – Michelle

“Dear Steve, We own our own business and have about $75,000 in credit card debt. The interest rates are at 29.99% We have called every single company and they all refuse to lower the interest rates. AND, as we pay them down, they lower the available balance, so even if we continue to pay them …

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