Okay, school and stuff..

[berkeley]

I'm dense and I need to know the difference between a deference and a forbearance re:student loans.

Thank you!

[berkeley]

thanks for ur help...

[rosebud]

A deference is when your loan payment is deferred and I believe no interest is accrued. A forebarence (my current situation) is when your loan payment is put on hold but the interest still accumulates. A deference is usually given for example when you are attending school at least half time.

[berkeley]

ty