i’m a grad student with one more year to go, i just got word on my deferment of loans that i?
only qualify for 6 mts during a 24 month repayment period because my program which is not affliated/accredited yet by US standards…it is a caribbean med program..i am not in a position to pay back because i will not be working for sometime, till my exams clear and i land a research/residency position. I am afraid that my credit score will be affected if i don’t pay and collections is on my back..any suggestions as to what other ways i can defer ? thanks! i have spoke to various loan reps from my lender’s institute and am writing the assistant VP of the program and applying for economic hardship…it is for private loans coz that’s what i pulled.
Even though your loans are private, a letter of inquiry from your home state Congress(wo)man or Senator to the lender might help. Student loans are a hot button issue in Congrees right now.