newbadcredit
Feb 25 2004, 12:49 PM
How will a forebearance be relected on my credit report.
I am going through tough times and took out a 5 month forebearance on my student loan.
What will my credit report show?
lgt525
Feb 29 2004, 07:14 PM
Your loans will show up as deferred, pays as agreed, with the balance of the whole loan showing as owing. It does not show up as a negative. It shows up as a deferred payment, and since there are deferments for other reasons (going back to school, etc.), someone looking at your report will not know what the deferment reason is.