Many Americans are facing financial difficulties right now due to COVID-19. If you have lost your job due to COVID-19 you may be able to get a loan forbearance which can help you financially, but you might also be thinking, will it affect my credit? And what’s the difference between loan forbearance and deferment? And which one do I qualify for? You've got questions and we've got answers. Check out our blog article specifically on Loan Forbearance vs. Deferment to help you understand the difference so you can make the best financial decision.
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