After all, the confidence that a history of meeting monthly payment obligations and repaying a loan is gone, so there is nothing that a lender can rely on. (badcreditloanservices.com)
Some private student loan lenders may also offer forbearance to borrowers who are having trouble keeping up with monthly payment obligations. (studentloans.net)
Like adjustable - rate mortgage programs, balloon programs are excellent for initial monthly payment obligations. (creditflare.com)