Deferrment while consolidating

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In the cases outlined here, private student loan debt was discharged when the borrowers claimed that their loans were not qualified education loans.

In fact, any forbearance is strictly subject to their approval.Private student loans can have variable interest rates that increase or decrease over time.They vary primarily according to the prime rate, which can change.When it does, you have little recourse with private loans other than to apply to refinance, and your approval isn’t guaranteed.By contrast, federal student loans always stay at the rate at which they were issued.

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