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Students loans - extending forebearance - Help!
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penelope
LIF Zygote
Member since 7/12 11 total posts
Name:
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Students loans - extending forebearance - Help!
My largest student loan has been in forebearance for three years it expires next month and I'm still not in a position to pay it. Does anyone know if they will extend the forebearance? I called ACS and requested an extension, but the operator really couldn't tell me what my chances were of getting it... I'm a little nervous too bc I read that three years is the max for the life of the loan!  I need more time. Masters degree from a private university and still not makinf enough. Anybody do this and get accepted or denied? TIA
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Posted 7/19/12 9:06 PM  |
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mosh913
baby boy coming spring '11
Member since 5/05 3133 total posts
Name:
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Re: Students loans - extending forebearance - Help!
I think the only way you can really extend it is by taking more classes. Not sure though. You do realize that you are still acruing interest on your loans even when it's in forebearance? That was something I didn't realize for a while, so once I did, I just paid the interest.
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| Posted 8/5/12 8:37 PM |
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DRMom
Two in Blue
Member since 5/05 20223 total posts
Name:
Melissa
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Re: Students loans - extending forebearance - Help!
You can defer it, but interest still accrues
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| Posted 8/14/12 10:01 AM |
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