Does Deferment or Forbearance Time Count for Student Loan Forgiveness?
Time on a deferment or forbearance usually doesn’t count towards student loan forgiveness, but there is one massive exception to the rule and a couple temporary exceptions.
Latest Posts in forbearance
Interest Charges on Deferments and Forbearances
Interest usually accrues during a forbearance or deferment. However, there are a couple of noteworthy exceptions to the rule.
Repayment Gaps and Student Loan Forgiveness
A gap in repayment may delay student loan forgiveness, but borrowers usually don’t have to start over.
Can I Extend My Student Loan Grace Period?
Stretching out the student loan grace period usually isn’t possible, but there are plenty of resources to help borrowers that are not quite ready to start repayment.
Student Loan Deferments are a Recipe for Disaster
Deferments and forbearances are risky and most borrowers can find better options available.
Out of Deferments and Forbearances? What to do next…
If a deferment or forbearance isn’t available on your student loans it is time to explore some more creative options to keep payments affordable.