Can you still use deferment or forbearance options after your loans are in default?
- nancyLv 79 months agoFavorite Answer
No. Once the loans are in default you have to rehabilitate the loan by making a payment arrangement with the servicer and making 9 on-time payments before you can apply for deferment or forbearance. Or, if you have a loan that isn't in default, you can consolidate the defaulted loans with the undefaulted one and then apply for deferment or forbearance for the new consolidated loan.