Payment deferral is an agreement to pay the past due amounts at a different time. Toward the end of your forbearance period, we will reevaluate your situation to determine the best program to repay those missed payments.
What is the difference between a forbearance plan and a payment deferral?Ī forbearance provides temporary relief by reducing or suspending your payments for a brief period of time, depending on your individual situation.
Online Portal: Request Forbearance Onlineįorbearance Request: Call (800) 777-4001 and follow the prompts for our automated system.
