Mandatory Forbearance Circumstances | 11.23.09
Did you know there are a few mandatory forbearance situations you may qualify for?
- if you are in a medical or dental internship residency;
- have student loan payments that are 20 percent or more of your monthly income;
- or have payments being made by the Department of Defense
Keep in mind that forbearance is not automatic and that you must apply with your lender to qualify.
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