Comments on: Student Loan Deferment vs. Forbearance

By: Anonymous

Anonymous — Wed, 06 Feb 2008 03:44:53 +0000

I can not read anything under the head-Free Money Finance-it is all distorted! What is it?

By: saladdin

saladdin — Fri, 18 Jan 2008 13:05:48 +0000

Dee, Have you tired the student loan forum at creditboards? You will get more specific answers there probably. saladdin link

By: Dee

Dee — Fri, 18 Jan 2008 00:08:27 +0000

I accrued loans to get my Masters but my husband’s health keeps me from making enough to pay my student loans. I’ve deferred and now I have forebearance. Is there a way to pay minimal amounts to avoid default?

By: Terry Piatt

Terry Piatt — Mon, 04 Dec 2006 06:23:00 +0000

I’ve been toiling at or near minimum wage ever since leaving college and for some years was in deferment or forbearance. Eventually my lender said I had run into some sort of time limit and that it was time to pay up. The lender was unwilling to accept anything less than the full scheduled payment and I defaulted. A big pile of interest and fees was capitalized, sending my principal toward the moon. Today I am paying $100 per montgh but the loans are still in default and I’m paying a high interest rate I cannoty reduce and principal reduction is tediously slow. I will probably be broke for the rest of my life. Don’t let this happen to you.

By: Free Money Finance

Free Money Finance — Fri, 01 Dec 2006 11:22:50 +0000

Star Money Articles for the Week of Nov. 27

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