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However, if you don’t qualify, this next question is one you should ask…Forbearance can be a great option for people who can’t pay their loans and are not eligible for deferment.
"arrogate, lay claim, claim - demand as being one's due or property; assert one's right or title to; "He claimed his suitcases at the airline counter"; "Mr.In many cases, private lenders have similar rules regarding deferment eligibility.If you are afraid of missing payments on a private loan, your first step should be to inquire about deferment.For example, British speakers usually say 'He had a bath', while American speakers say 'He took a bath'.act, move - perform an action, or work out or perform (an action); "think before you act"; "We must move quickly"; "The governor should act on the new energy bill"; "The nanny acted quickly by grabbing the toddler and covering him with a wet towel"deplete, use up, wipe out, eat up, exhaust, run through, eat, consume - use up (resources or materials); "this car consumes a lot of gas"; "We exhausted our savings"; "They run through 20 bottles of wine a week"clutch, prehend, seize - take hold of; grab; "The sales clerk quickly seized the money on the counter"; "She clutched her purse"; "The mother seized her child by the arm"; "Birds of prey often seize small mammals"bear away, bear off, carry away, take away, carry off - remove from a certain place, environment, or mental or emotional state; transport into a new location or state; "Their dreams carried the Romantics away into distant lands"; "The car carried us off to the meeting"; "I'll take you away on a holiday"; "I got carried away when I saw the dead man and I started to cry"take - take on a certain form, attribute, or aspect; "His voice took on a sad tone"; "The story took a new turn"; "he adopted an air of superiority"; "She assumed strange manners"; "The gods assume human or animal form in these fables"read - interpret the significance of, as of palms, tea leaves, intestines, the sky; also of human behavior; "She read the sky and predicted rain"; "I can't read his strange behavior"; "The fortune teller read his fate in the crystal ball"carry, transport - move while supporting, either in a vehicle or in one's hands or on one's body; "You must carry your camping gear"; "carry the suitcases to the car"; "This train is carrying nuclear waste"; "These pipes carry waste water into the river"confiscate, impound, sequester, seize, attach - take temporary possession of as a security, by legal authority; "The FBI seized the drugs"; "The customs agents impounded the illegal shipment"; "The police confiscated the stolen artwork"apply, employ, use, utilise, utilize - put into service; make work or employ for a particular purpose or for its inherent or natural purpose; "use your head!"; "we only use Spanish at home"; "I can't use this tool"; "Apply a magnetic field here"; "This thinking was applied to many projects"; "How do you utilize this tool?You may be able to reduce the amount of your monthly payments, spread your payments over more years, or even refrain from paying for a period of time.
But meanwhile interest charges will continue and will be added to your principal balance.
To begin again; resume: Let's take up where we left off.
To develop an interest in or enter into: take up mountain climbing; take up engineering.
With some nouns, you can use either have or take with the same meaning.
For example, you can say 'Have a look at this' or 'Take a look at this'.
(sometimes with back) to agree to have; to accept; He took my advice ; They refused to take responsibility ; I won't take that (insult) from you!