Meaning Forbearance
What does Forbearance mean? Here you find 64 meanings of the word Forbearance. You can also add a definition of Forbearance yourself

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Forbearance


n. an intentional delay in collecting a debt or demanding perform...
Source: dictionary.law.com

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Forbearance


Forbearance programs are established by credit card companies to give temporary relief to overstretched cardholders. They can take several forms, among them: postponing payments for six months to a year or even longer; lowering minimum payment monthly payments; reducing interest rates; eliminating some fees. Forbearance is not forgiveness -- consum [..]
Source: creditcards.com

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Forbearance


1570s, originally legal, in reference to enforcement of debt obligations, from forbear (v.) + -ance. General sense of "a refraining from" is from 1590s.
Source: etymonline.com

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Forbearance


Delaying foreclosure on a mortgage with an agreement to make up payments at a later date.
Source: atlasvanlines.com

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Forbearance


The approved temporary suspension, reduction, or extension of loan payments due to a financial hardship. During forbearance, interest continues to accrue.
Source: dtcc.edu

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Forbearance


Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower' [..]
Source: nolo.com

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Forbearance


n. Patient endurance or toleration of offenses.
Source: easypacelearning.com

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Forbearance


Self-control; restraint and tolerance.
Source: learnnc.org

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Forbearance


Definition A lender's postponement of foreclosure in order to give the borrower time an opportunity to make up for overdue payments.
Source: investorwords.com

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Forbearance


also fore·bear·ance [fȯr-bar-əns] n : a refraining from the enforcement of something (as a debt, right, or obligation) that is due
Source: dictionary.findlaw.com

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Forbearance


During a forbearance the lender allows the borrower to temporarily postpone repaying the principal, but the interest charges continue to accrue, even on subsidized loans. The borrower must continue paying the interest charges during the forbearance period. Forbearances are granted at the lender's discretion, usually in cases of extreme financi [..]
Source: finaid.org

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Forbearance


Grace period given when a lender postpones foreclosure to give the borrower time to catch up on overdue payments.
Source: discover.com

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Forbearance


An agreement to temporarily suspend or reduce monthly mortgage payments for a specific period of time.  Learn more...
Source: equityatlas.com

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Forbearance


The approved temporary suspension of loan payments due to a financial hardship (interest continues to accrue).
Source: fastweb.com

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Forbearance

Source: debt.org

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Forbearance


A period of time at the lender’s discretion when you’re allowed to postpone or temporarily reduce the amount of your student loan payment due to temporary financial hardship. Interest continues to acc [..]
Source: handsonbanking.org

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Forbearance


Forbearance is a way for graduates to reduce or postpone paying back their federal student loans. To do this, contact your loan servicer and ensure that leniency has been granted before missing any du [..]
Source: nerdwallet.com

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Forbearance


The temporary suspension or reduction of monthly loan payments, usually up to one year.
Source: stlouisfed.org

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Forbearance


The ability to make interest-only payments on your student loan during a time of financial hardship. If you're having serious financial difficulty and you don't qualify for a loan deferment, [..]
Source: mortgageloan.com

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Forbearance


The term forbearance means that the act of tolerating or abstaining from something. Forbearance is the act of refraining from enforcing a right, obligation, or debt. In short, forbearance signifies an [..]
Source: definitions.uslegal.com

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Forbearance


A temporary suspension or reduction in monthly loan payments granted to borrowers who are willing but unable to make loan payments due to certain types of financial hardships.
Source: sfs.mit.edu

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Forbearance


The act of a creditor who refrains from enforcing a debt when it falls due. Various government credit programs, under specific conditions, offer borrowers certain protections against foreclosure.
Source: fhwa.dot.gov

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Forbearance


A special arrangement to postpone legal action, even if you are still behind on your mortgage.
Source: 995hope.org

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Forbearance


(n) good-natured tolerance of delay or incompetence(n) a delay in enforcing rights or claims or privileges; refraining from acting
Source: beedictionary.com

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Forbearance


clementia
Source: latin-dictionary.org

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Forbearance


A forbearance is a temporary suspension of the obligation to repay a debt. Forbearances are provided to a student who is willing to repay his or her loans but has demonstrated an inability to do so. F [..]
Source: edvisors.com

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Forbearance


n. indulgencia de morosidad, suspensión temporal de cobro
Source: trelliscompany.org

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Forbearance


Postponement or reduction of loan payments generally granted at the discretion of a lender or loan holder. Federal regulations specify other cases when qualified borrowers must be granted forbearance of repayment on their federal student loans.
Source: dhe.mo.gov

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Forbearance


When a lender allows the borrower to temporarily postpone repaying the loan principal, usually because of economic hardship. Interest continues to accrue. Note: If your loan is in default, you can't apply for forbearance.
Source: pnc.com

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Forbearance


This authorized temporary reduction or suspension of repayment is granted only under certain circumstances. For both subsidized and unsubsidized federal loans, the borrower is responsible for paying t [..]
Source: aessuccess.org

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Forbearance


A period during which your monthly loan payments are temporarily suspended or reduced. Your lender may grant you a forbearance if you are willing but unable to make loan payments due to certain types of financial hardships. During forbearance, principal payments are postponed but interest continues to accrue. Unpaid interest that accrues during the [..]
Source: studentaid.ed.gov

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Forbearance


Forbearance takes place when a concession is made on the contractual terms of  loanin response to an obligor's financial difficulties.
Source: lloydsbankinggroup.com

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Forbearance


n. an intentional delay in collecting a debt or demanding performance on a contract, usually for a specific period of time. Forbearance is often consideration for a promise by the debtor to pay an add [..]
Source: advocatekhoj.com

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Forbearance


Postponement of payments or reduction in monthly payments for a limited, specified period of time during which a borrower is unable to make payments.
Source: ourgrovecu.com

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Forbearance


A condition under which a lender allows a borrower to temporarily stop making payments on a loan or take an extension of time for making payments or agrees to accept smaller payments than previously scheduled.
Source: bedbathandbeyond.com

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Forbearance


A period during which monthly loan payments are temporarily suspended or reduced based on certain types of financial hardship. A lender may grant forbearance at a borrower’s request if the borrower is willing but unable to make loan payments. During forbearance, principal payments are postponed but interest continues to accrue; unpaid interest accr [..]
Source: finaid.williams.edu

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Forbearance


A temporary delay or reduction of loan payments agreed to by the lender and borrower. Interest continues to accrue during forbearance. The borrower must continue paying the interest charges during the forbearance period. The forbearance is granted at the lenders discretion and usually is allowed in cases of extreme financial hardship or other unusu [..]
Source: finaid.wsu.edu

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Forbearance


Forbearance is a way to postpone or reduce the payments on a student loan. Forbearance differs from a deferment in three ways:
Source: sjsu.edu

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Forbearance


The approved temporary suspension of loan payments due to a financial hardship (interest continues to accrue).
Source: brokescholar.com

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Forbearance


An authorized period of time during which the lender agrees to temporarily postpone a borrower's principal repayment obligation. Interest continues to accrue and usually must be paid during the f [..]
Source: utm.edu

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Forbearance


an arrangement to postpone or reduce a borrower's monthly payment amount for a limited and specified period, or to extend the repayment period. The borrower is charged interest during a forbearan [..]
Source: umsl.edu

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Forbearance


 Permitting the temporary cessation of repayments of loans, allowing an extension of time for making loan payments, or accepting smaller loan payments than were previously scheduled.
Source: germantownacademy.net

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Forbearance


Temporary cessation of regularly scheduled payments or temporarily permitting smaller payments than were originally scheduled.
Source: k-state.edu

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Forbearance


During a forbearance the lender allows the borrower to temporarily postpone repaying the principal, but the interest charges continue to accrue, even on subsidized loans. The borrower must continue pa [..]
Source: collegegold.com

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Forbearance


 A period during which your monthly loan payments are temporarily suspended or reduced. Your lender may grant you a forbearance if you are willing but unable to make loan payments due to certain types of financial hardships. During forbearance, principal payments are postponed but interest continues to accrue. Unpaid interest that accrues during th [..]
Source: uaa.alaska.edu

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Forbearance


A period during which your monthly loan payments are temporarily suspended or reduced. Your lender may grant you a forbearance if you are willing but unable to make loan payments due to certain types [..]
Source: sfs.upenn.edu

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Forbearance


An agreement the borrower enters into with the lender to postpone their repayment obligation for a period of time. At the discretion of the lender, an extension of time or smaller payments may also be arranged. Interest continues to accrue during any granted forbearance periods.
Source: suntrusteducation.com

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Forbearance


A period during which your monthly loan payments are temporarily suspended or reduced.
Source: financialaid.gwu.edu

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Forbearance


An arrangement to postpone or reduce a borrower's monthly payment amount for a limited and specified period, or to extend the repayment period. The borrower is charged interest during forbearance [..]
Source: www1.lehigh.edu

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Forbearance


Allows a borrower to temporarily stop making payments on a loan., make smaller payments or extend the time for making payments. Illness and financial hardship are common reasons for getting a forbeara [..]
Source: estudentloan.com

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Forbearance


 - A period during which your monthly loan payments are temporarily suspended or reduced. Your lender may grant you a forbearance if you are willing but unable to make loan payments due to certain typ [..]
Source: worldwide.erau.edu

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Forbearance


The approved temporary suspension of loan payments due to a financial hardship (interest continues to accrue). Forbearance is granted by the lender.
Source: northwestu.edu

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Forbearance


When the lender agrees to temporarily postpone a borrower's principal repayment obligation for a period of time, this is called "Forbearance." Interest continues to accrue o [..]
Source: cfnc.org

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Forbearance


An arrangement to postpone or reduce a borrower's monthly payment amount for a limited and specified period, or to extend the repayment period. The borrower's interest is charged and accrues [..]
Source: spelman.edu

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Forbearance


A forbearance is a condition where the lender
Source: ccri.edu

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Forbearance


An authorized temporary postponement or reduction in student loan payments granted by a lender. May apply to principle, interest or both. Interest continues to accumulate. A forbearance may be granted at the lender's discretion when a borrower is willing to repay their loan but is unable to do so.
Source: swosu.edu

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Forbearance


A forbearance is a period during which your monthly loan payments are temporarily suspended or reduced. Interest continues to accrue and will be capitalized if unpaid by the borrower. You may qualify [..]
Source: yorktech.edu

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Forbearance


The approved temporary suspension, reduction, or extension of loan payments due to a financial hardship. During forbearance, interest continues to accrue.
Source: ittraining.iu.edu

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Forbearance


Forbearance temporarily allows a borrower to postpone principal payments on a loan due to financial hardships.  However, the borrower must still make regular interest payments on the loan.
Source: careersandeducation.com

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Forbearance


Permission to postpone or reduce payments Free Application for Federal Student Aid (FAFSA)
Source: mappingyourfuture.org

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Forbearance


An authorized period of time during which the lender agrees to temporarily postpone a borrower’s principal repayment obligation due to some hardship experienced by the borrower, such as unemployment. [..]
Source: umaine.edu

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Forbearance


                                                                                                                                                          An arrangement to postpone or reduce a borrowe [..]
Source: scstudentloan.org

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Forbearance


The act by the lender of refraining from taking legal action on a mortgage loan that is delinquent.  
Source: sardisland.com

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Forbearance


The waiving of a covenant in a mortgage document.
Source: waalco.ca





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