Forbearance & Deferment
Forbearance and deferment benefits can allow you to postpone making your student loan payments when you encounter financial hardship, such as losing your job. Unlike federal student loans, private student loans don’t come with any automatic forbearance or deferment benefits; these benefits will vary by lender.
While some lenders may offer forbearance and deferment benefits, others offer no forbearance or deferment options, while still others may address forbearance requests from borrowers on a case-by-case basis.
While some lenders may offer forbearance and deferment benefits, others offer no forbearance or deferment options, while still others may address forbearance requests from borrowers on a case-by-case basis.
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