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14 October, 00:18

What's the Difference Between Deferment and Forbearance?

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  1. 14 October, 01:10
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    Answer: The difference of deferment and forbearance can be explained as follows : -

    Explanation: In case of deferment, the payer may not be responsible for paying interest on certain types of loans during the period of deferment but in case of forbearance the payer has to pay the accrued interest on all types of student loans.
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