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Under specific circumstances, it is possible to receive durations of forbearance or deferment that allow you to definitely postpone loan payment.

Under specific circumstances, it is possible to receive durations of forbearance or deferment that allow you to definitely postpone loan payment. Postponing Loan Repayment (Deferment and Forbearance) These durations don’t count toward the amount of time you need to repay your loan. You can’t obtain a deferment or forbearance for a loan that is already in default. * What exactly…

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