Consolidating school loans with bad credit

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The ability to pause your loans via a forbearance or deferment depends entirely on your specific loan docs and lender.

Currently 2.2% of private student loans are in forbearance.

It is definitely worth a call to your lender to see if they will allow this if you are struggling through a temporary hardship.

But a word of caution–make you understand what your lender is offering as interest is likely to continue piling if you are not making your payments.

Brown University Will Provide One of the most popular student loan forgiveness programs is under attack by house Rep.

Last modified 25-Jan-2020 22:12