Regulator tells lenders to return 'hidden' interest on bridging loans ... With the number of unemployed in the UK up by 51000 over the last year to 2.56 million by June, according to figures from the Office for National Statistics (ONS), a study by the ... Unemployed 'targeted by credit card firms'
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Question by GBG: I got a forbearance on my college loans and now I'm unemployed, can I go back and ask for a deferment...? instead. I've heard that deferments are better if you can get one. Best answer for I got a forbearance on my college loans and now I'm unemployed, can I go back and ask for a deferment...?:
Answer by sarcastro1976
I think you can ask, since your status has changed. You can ALWAYS ask, but I think you actually have a good chance.
Answer by wydontya b
yes you can, just apply for it before it is sent to a collection agency or sold to another bank. when you do the deferment in a timely manner(asap) you won't be at risk to pay exorbitant fees and such.
Answer by Mrs. Murphy
yes get on the phone ASAP and request the deferment! while you are in a deferment your subsidized federal loan does not accrue interest. which will save you a lot of money in the long run.