Wednesday, March 4, 2009

Should the Octomom consider short term loans?

Can she bring home her babies?

The Nadya Suleman Family WebsiteWith no money and no job, should Octomom, a.k.a. Nadya Suleman, consider applying for short term loans so she can bring home her newborns? She recently said in an interview with Dr. Phil McGraw that she thinks that Kaiser Permanente Bellflower Medical Center might not release her kids if she is financially incapable of raising them. At present, she is only receiving food stamps and disability payments for her special kids.

So, would it be advisable then for her to take out a loan just to be able to bring her babies home? Is there a bank or financial organization that would be willing to give her the loan, given her present financial state? But even if there is, would it be right for her to take out a loan even if she's already in debt and unemployed?

Housing issue

Another important issue that has been raised recently is her search for a house big enough for her growing family. She is currently living with her mother in a small 3-bedroom house in California that is on the brink of being taken away from them because of non-payment of the mortgage payment.

Her parents filed for bankruptcy last year and have already lost a house in 2007. They themselves cannot help their daughter financially. With this current situation, is it advisable then for her to take out short term loans in order to get a new house for all of them? Will she be able to find some source of income for her to pay off the loan in time? ... click here to read the rest of the article titled "Should the Octomom consider short term loans?"

No comments: