Although it is primarily used for student loans and mortgages, forbearance is an option for any loan. It gives thedebtorextra time to repay what they owe. This helps struggling borrowers and benefits the lender, who frequently loses money on foreclosures and defaults after paying the fees.Loan ...
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then spent four years in medical school, then four years of residency. Most of the time, it’s the best job in the world, and I’m really glad I did it, but I do have over $200,000 dollars in student loans that I am still paying off, and it’s been over 10 years since medic...