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No, social security benefits cannot be used as collateral for loans. However, some lenders may consider other sources of income, such as retirement benefits, when determining loan eligibility. It is best to consult with a lender directly to understand your specific options.
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∙ 11y agoYes, being on Social Security or Disability may allow a person to secure a loan. For example the payday loans services offers loans to individuals living on Social Security.
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How get social security number?
Approach your nearest social security office who can help you out.
Who does social security apply to?
Approach your nearest social security office who can help you out.
Can you get help you are on medicaid and social security disability?
Yes, contact your local Social Security office or other social service agency to discuss how to get the help you need.
how could i get help to pay for a social security card ?
SOCIAL SECURITY CARDS ARE 0.00 - FREE.
We are retired and this is our only income. Can Social Security be garnished for unpaid student loans?
Unfortunately, yes it can. You can consolidate the loans and get an income sensitive repayment plan. The payment can be as low as $0, depending on the income and dependents. You can get help with consolidation at www.defaultms.com/consolidation.html
Who can help me with my social security questions?
There are several different people who can help you out with social security questions. If you are a senior, you might want to try the social services branch at a local community center.
Can people on social security get help with credit debts?
The answer is 'No". Social Security benefits are to help those on retirement with help for everyday living costs, like food and/or rent. They do not help with credit debts.
Is there a website that can tell me what my social security benefits are?
The social security office can help you find that information out. You would have to call them to find out and they can mail you out a social security statement showing you what your benefits are.
What did Roosevelt introduce to help retirees?
social security
Where can you apply for loans only using your tax id number instead of social security number?
who gives loans for small businesses with tax id numbers for lines of credit
Can the federal government garnish the total amount of your social security check?
For unpaid taxes and unpaid student loans, yes.
Can a WA resident on Social Security Disablity be garnished for a defaulted student loan?
Yes, the government can garnish up to 15% of social security income. If you consolidate your loans, you can opt for an income sensitive repayment plan and possibly get a lower payment than you are paying now. I have seen payments at $0 a month. If you need help on consolidating your student loans, click on the link at he bottom of this text box.
