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Deferment & Forbearance You graduated from college a few months ago; you haven't secured a job, and your first student loan payment is coming due. You've just been laid o? From your job and can't

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What is deferment amp forbearance?

Deferment and forbearance are temporary suspension of loan payments for specific circumstances.

Who is required to file deferment amp forbearance?

Borrowers who are unable to make their loan payments due to financial hardship or other qualifying reasons are required to file for deferment and forbearance.

How to fill out deferment amp forbearance?

To fill out deferment and forbearance forms, borrowers must contact their loan servicer and provide necessary documentation to support their request.

What is the purpose of deferment amp forbearance?

The purpose of deferment and forbearance is to provide temporary relief to borrowers who are facing financial difficulties and are unable to make their loan payments.

What information must be reported on deferment amp forbearance?

Borrowers must report their financial situation, reason for requesting deferment or forbearance, and any supporting documentation requested by the loan servicer.

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