"Loan deferment" means postponing or delaying the repayment of a loan for a certain period of time. This allows the borrower to temporarily stop making regular payments, usually due to financial challenges or specific circumstances.
Full definition
Synonyms for individual words can be found below.
«loan»
«deferment»
Phrases with «loan deferment»
Sentences with «loan deferment»
- Here is the full list of reasons for student loan deferment. (thecollegeinvestor.com)
- That's why it is important to consider what options potential lenders can offer for loan deferment. (studentloans.net)
- It became almost too much to think about, despite having participated in student loan deferment programs while completing our master's degree, and despite having reduced payments through a forbearance plan. (creditsesame.com)
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