If you have a qualifying circumstance, such as unemployment or a major illness, you can defer student loan payments. Deferment means you are stopping student loan payments temporarily. Interest can ...

Personal Finance. Student Loans: What are ways to lower the cost of college? Personal Finance. Fresh Start Program Student Loans: What happens to your credit score if you apply for this plan? If ...

Loan deferment lets you temporarily pause payments on your loan without incurring late fees or affecting your credit. It may increase your total borrowing costs. If you're having trouble making ...

The increasing cost of medical school has resulted in a heavy debt burden for many wishing to enter the medical profession. Without doubt, medical school debt is one factor contributing to the lack of ...

A business loan deferment lets struggling business owners temporarily pause payments to regain financial stability. Approval depends on clear communication and a solid recovery plan. Many, or all, of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

・Deferment lets borrowers pause federal student loan payments during hardship or unemployment, often without interest on subsidized loans. ・Current deferment options (like economic hardship and ...