Forbearance vs. Deferment: Which Should You Choose?
Forbearance vs. Deferment: Which Should You Choose? Length of Time Forbearance is often best for those who know their situation is temporary and if they don’t qualify for deferment. Forbearance lets you ask your servicer to pause your payments for up to 12 months at a time. Deferment can work better for those who have…
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