Deferment vs Forbearance

4.5
Deferment vs Forbearance

Deferment vs Forbearance

Important Notice for Deferment vs Forbearance. Even if you qualify for deferment/forbearance and request it, you should not stop payments immediately. Wait for the result of the request, and once it is approved, you can avoid payments. Otherwise, not making payments can put the loan into delinquency status.

More Info: https://studentloansresolved.com/2021/02/25/forbearance-vs-deferment-for-federal-student-loans/