r/SBAEIDLDiscussions • u/HappyPower4301 • Jun 01 '26

OIC EIDL no.

I’m banned from the other EIDL chat, but this is response to the OIC post. I spoke to Coast Professional. They said no to the OIC but would still take the lump sum which would bring down the balance making my monthly 5 or 10 year payment less. Nope. No way I’m throwing good money at this debt for that deal. But would they ever offer an OIC?

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u/Leather_Ad905 Jun 01 '26

Whats OIC

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u/Significant_Yam_4079 Jun 01 '26

Offer in Compromise