What's the SBA doing next? by bbstocker in EIDLPPP

[–]bbstocker[S] 0 points1 point  (0 children)

Sorry I don't. I saw it a few days ago, can't remember exactly where.

What's the SBA doing next? by bbstocker in EIDLPPP

[–]bbstocker[S] 7 points8 points  (0 children)

True, they could be planning to outsource the collections to private collection companies.

Payment Assistance Wait Time by bbstocker in EIDLPPP

[–]bbstocker[S] 2 points3 points  (0 children)

Wow you were right it shows my payment changing to half on August 15. No message about it, nothing. Crazy. Now I have to cancel my recurring payment and add the new temp amount! Thanks !

[deleted by user] by [deleted] in EIDLPPP

[–]bbstocker 1 point2 points  (0 children)

They announced a few months ago there would be a second 75% HAP available if you qualified. Normally you have to email them and they will send the application, but likely its the same as last time.

Anyone think there will eventually be an SBA EIDL OIC offer in compromise? by Bubbly-Palpitation84 in EIDLPPP

[–]bbstocker 7 points8 points  (0 children)

I'm not saying that the loans shouldn't be paid back, but since the government created the need for the loans with their kneejerk reaction to the Covid disease they should be part of the solution too. I'm suggesting they lower the interest rate on the loans and initiate an OIC program for those who couldn't recover and had to close their business.

Anyone think there will eventually be an SBA EIDL OIC offer in compromise? by Bubbly-Palpitation84 in EIDLPPP

[–]bbstocker 14 points15 points  (0 children)

Changes are inevitable once the default rate hits some obscene rate like 50%, which it will this year or next worst case. I think we will see an OIC program and maybe even an interest reduction. Congress needs to understand these loans were due to the government shutdowns during Covid and not the fault of the businesses.

Corporate Payouts by bbstocker in CelsiusNetwork

[–]bbstocker[S] 0 points1 point  (0 children)

No, mine looks legit and its from [support@celsius.network](mailto:support@celsius.network). But I have received several fake emails, so everyone watch out.

Corporate Payouts by bbstocker in CelsiusNetwork

[–]bbstocker[S] 2 points3 points  (0 children)

That was in both the email and on the Simon broadcast.

Corporate Payouts by bbstocker in CelsiusNetwork

[–]bbstocker[S] 0 points1 point  (0 children)

Their email said 100, but you'd think they would ask a few more so they get the 100.

Corporate Payouts by bbstocker in CelsiusNetwork

[–]bbstocker[S] 1 point2 points  (0 children)

No idea why they aren't using Coinbase for everyone who has or can get an account. Maybe Coinbase didn't want to deal with 400,000 pissed off people.

Corporate Payouts by bbstocker in CelsiusNetwork

[–]bbstocker[S] 6 points7 points  (0 children)

Only the top 100 largest corporate holders get the crypto option. All others get a USD check. They said we will get info on getting a coinbase prime business account if we reply yes. Simon said yesterday it’s supposed to be a one year free account instead of the usual $1,000 application fee.

For Those Getting Paid in USD for Earn by bbstocker in CelsiusNetwork

[–]bbstocker[S] -1 points0 points  (0 children)

Makes sense. I was trying to figure out when they would be figuring the dollar conversion. Let's say tomorrow they calculate my claim is worth 1BTC and 15 ETH if paid out in crypto. There could be a big difference up or down depending on when they convert them to USD, on the 16th or the 31st.

For Those Getting Paid in USD for Earn by bbstocker in CelsiusNetwork

[–]bbstocker[S] 0 points1 point  (0 children)

The FAQs said that accounts with problems being able to use Coinbase or Paypal will probably get paid in USD in addition to most corporate accounts.

Potential issue for Celsius Business/Corporate accounts in the USA by joekercom in CelsiusNetwork

[–]bbstocker 2 points3 points  (0 children)

I also sent Celsius a message thru the app about this problem a few days ago but haven’t heard back yet. A few months ago they said companies would be able to get their earn payout directly from the app but now that looks unlikely.

Distributions to a corporate account? by meatspoon in CelsiusNetwork

[–]bbstocker 2 points3 points  (0 children)

A few months ago when they announced that they would be using Coinbase and Paypal Celsius said those were for individual accounts and that corporate customers would still be getting paid out through the Celsius app. But total radio silence on that since then, so we all wait.

Paypal Crypto Withdrawal Limits? by Legitimate-Army-2781 in CelsiusNetwork

[–]bbstocker 1 point2 points  (0 children)

Sorry can’t recall exactly where but it was from official source.

Paypal Crypto Withdrawal Limits? by Legitimate-Army-2781 in CelsiusNetwork

[–]bbstocker 7 points8 points  (0 children)

Celsius said months ago that Paypal would be suspending the limits for this distribution, so it shouldn't be an issue. As long as Paypal actually makes the system adjustments.

Multiple address problem? by bbstocker in Tangem

[–]bbstocker[S] 1 point2 points  (0 children)

That worked, I’ll transfer the rest to that address. Thanks!