What is Loan Deferment?
Answer:
The most common type of loan deferment, and
the type that many people are familiar with, is the deferment of student loans.  Basically, deferring a loan involves putting off the payments for a set time period, with no penalties.  Student loans are often deferred when a student returns to school.

Although not as common, other types of loans may also be deferred.  This may be the case if a borrower is not able to make payments due to illness or unemployment, for example.  It is not common for other lenders to offer loan deferment, so make sure that you ask about the possibility before you actually need it

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written by StephanieMiller , June 24, 2009

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written by Sara Pall , August 10, 2009

loan deferment need more detail man and i would say that it is not only a term but a whole topic so please explain it in detail man actually i m a student and I am preparing for CISSP exam and i want a student loan can you please post all the details about the student loans and they are safe or not????


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