What would you do?

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    • #261855

      — In Budget101_@yahoogroups.com, melinda irvin



      > I am ready for the negative feedback, but I would see about first

      deferrment on the student loans to pay off your house because loans

      in deferrment gather no interest. Loans can be put in deferment for

      years, but don’t get sloppy doing this!<<< Not all loans in deferment stop accruing interest. It depends on the type of loan she has. The subsidized type of government loans and Perkin loans do not accrue interest while in deferment or forebearance, while the unsubsidized loans do. Check with your lender and they will be happy to let you know which ones you have and which will accrue interest during a deferment or forebearance. April

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