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Defer School Loan Payments for Our Military
When I opened the mail today, I got this notice from my education lender:
Dear Borrower:
Effective July 1, 2006, for all loan programs ... a new military deferment has been created [for borrowers] serving on active duty during a war or other military operation ... .
I was shocked -- that this was a new idea. I'd assumed all of our soldiers, getting shot at for minimal wages (and already drowning in debt), could have at least counted on student loan deferrals while they were dodging bullets.
I assumed wrong. Getting military deferral concessions is a lender-by-lender battle. And the victory is far from complete.
If you're shocked like me, contact your alma mater. Ask them if they deal with lenders without military deferrals. And demand an explanation.
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But you must understand them too. Those are not something unimportant, those are military payments. I mean they are defending our country mate. But I have seen only now that this post is written over 3 years ago. Now everything differs because of economical crisis. Thanks for this publication by the way, and I will be definitely waiting for other ones to appear in the nearest future.
Sincerely,
Brad Tollson from payday loans online
December 13, 2009 1:53 PM | Reply | Permalink