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Is repayment relief available for private loan borrowers?

April 19, 2013
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There is no specific federal law that requires private loan creditors to offer relief. If you are having trouble with a  private loan, you should request a copy of your loan agreement to see whether the lender promised you any particular type of relief. You can also contact your lende
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Do private loans have flexible repayment plans?

April 19, 2013
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Most do not, but it depends on the lender.  Some private lenders also offer deferments on private student loans.
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Please understand that we do not provide legal advice about individual cases. This web site includes links to other resources for those who seek individualized legal advice or other help not offered here. This site is for people who already have student loans and want to know more about their options and rights.

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