Archive for the 'Forbearance' Category

what does forebearance mean?

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Does anyone have any ideas how to get a Student loan out of default?

I have defaulted on my Student loans years ago and then about a year ago they started garnishing my wages. i was on academic forebearance and assumed that most of the loans were paid. however, i attempted to go back to school and now the financial aid advisor told me that I cannot enroll until [...]

Is saving up for a downpayment on a home a reason to apply for a forebearance from my student loans?

I want to save up ,000 and have all my credit cards paid off (what I’m doing now). I took out both federal and private loans but I am only wanting to apply for forebearance on my private loans. They are at a high interest rate however (12%). I shouldn’t have done it but what’s [...]

House illegally foreclosed on, what help or services that really help before finally made homeless.?

The court gave the house back to me but the mortgage company would not respond to anything or anyone. they reneged on deals and will not cooperate. I need real help now, not tomorrow. They promised a forebearance plan on day of auction and refused after they received the money to honor the deal. Related [...]

Can I still get a student loan if my loan was a little more than 270 days late but now current?

It was in pre default status and I got my forebearance in just before it was sent to collections. I would like to go back to school but not sure if I would qualify for a loan. It is now cureent, but still at one point it was more than 270 days late. Related Blogs [...]


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