Sentences with phrase «discretionary forbearance»

"Discretionary forbearance" is when someone in authority has the choice to be lenient or flexible in allowing you to delay or temporarily stop doing something, such as making loan payments. Full definition
You may be offered discretionary forbearance if you face financial hardship or become severely ill.
We outline the conditions for discretionary forbearance below.
Also known as discretionary forbearance, general forbearance is available to you if you can't make your payments due to medical expenses, financial difficulties, employment change, or other reasons that the federal student aid office may accept.
Discretionary forbearance means you are the mercy of your lending institution.
For discretionary forbearances, your lender decides whether to grant forbearance or not.
Another word for general forbearance is «discretionary forbearance,» and it can only last for one year at a time (though you can apply again the next year).
For this reason, a general forbearance is sometimes called a «discretionary forbearance
You can request a discretionary forbearance for the following reasons:
If you can't make those payments, you may qualify for a mandatory or discretionary forbearance.
In a discretionary forbearance, the decision is up to the lender.
You can make a request for a discretionary forbearance because of financial hardship or illness.
Also called a «discretionary forbearance
A discretionary forbearance is up to your lender.
You can apply for a discretionary forbearance from your lender if you have a financial hardship or suffer from an illness, but it's up to your lender to decide to grant it to you.
For this reason, a general forbearance is sometimes called a «discretionary forbearance
a b c d e f g h i j k l m n o p q r s t u v w x y z