What do you need to defer student loans?

Author	Message
Written on: 14.11.2009 [01:57]
Jose Jose Topic creator Posts: 4	My student loans are hanging like a weight around my neck... Can you defer student loans easily? What are the EXACT criteria the loan company wants to check?
Written on: 16.11.2009 [10:22]
Coralie Coralie Posts: 2	I understand it like this: you can't defer if you owe money, and you have to have a good reason. They won't let you defer if you haven't been making your payments on time – ask to defer before you get into problems! Also, you'll have to have a good reason for the deferment, such as: you are dead (serious!), you don't earn enough, you are job seeking, you are disabled, you are studying or you're working in a particular profession that enables you to defer, like medicine. There are other possible reasons too. But basically, the loan company will check all your claims and details to see whether they should defer your payments or get you to pay: it's not usually an easy way out!
Also very interesting: In need of advice re: paying back student loan How to check my student hmrc loan balance? Should I opt for student loan debt consolidation? How to get a NatWest student loan? Are student current accounts worth opening even if I don’t need an overdraft? Where to search for student bank account offers? What are the best student accounts? What's the student finance (PN1) form? When to open a student account? How can I clear my student account overdraft?
Written on: 25.11.2009 [13:50]
Jade Jade Posts: 4	Why are people working in medicine able to defer and no one else is? How long are they allowed to defer for? Shouldn’t it be the other way around seeing as they end up earning more than most professions?