Ask Question
BusinessBusiness
1 September, 02:04

What's the Difference Between Deferment and Forbearance?

+1
Answers (1)
  1. 1 September, 02:20
    0
    Answer: The difference of deferment and forbearance can be explained as follows : -

    Explanation: In case of deferment, the payer may not be responsible for paying interest on certain types of loans during the period of deferment but in case of forbearance the payer has to pay the accrued interest on all types of student loans.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What's the Difference Between Deferment and Forbearance? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
In 2006, selected automobiles had an average cost of $19,000. the average cost of those same automobiles is now $34,200. what was the rate of increase for these automobiles between the two time periods?
Answers (1)
During what marketing era were manufacturers concerned with product innovation and not with satisfying the needs of individual consumers?
Answers (1)
What tool is used to forecast state economic growth, keep track of business cycles, and generally provide information on the health of the economy of Texas? A. State of Texas Econometric Model B. Dow Jones Economic Sentiment Indicator C.
Answers (1)
Laredo Corporation is considering new equipment. The equipment can be purchased from an overseas supplier for $120,000. The freight and installation costs for the equipment are $1,500.
Answers (1)
McDonnell-Myer Corporation reported net income of $3,410 million. The company had 594 million common shares outstanding at January 1 and sold 36 million shares on February 28.
Answers (1)
New Questions in Business
Zwick Company bought 26,500 shares of the voting common stock of Handy Corporation in January 2018. In December, Handy announced $ 205,200 net income for 2018 and declared and paid a cash dividend of $ 6 per share on all 203,000 shares of its
Answers (1)
Movie studios use market research to reduce their risk of losses by hiring firms such as the National Research Group to conduct test screenings and tracking studies.
Answers (1)
The Silver Center (TSC) produces cups and platters. TSC purchases silver and other metals that are processed into silver alloy that is used to make platters and cups.
Answers (1)
In the united states today, what gives money its value?
Answers (2)
An employer has the right to monitor workers electronic communications if
Answers (1)
Home » Business » What's the Difference Between Deferment and Forbearance?
Sign Up Forgot Password?