Learn · Credit glossary
What Is Deferment in Credit? Definition and Why It Matters
Deferment: the short version
In credit, deferment is postponing payments under specific loan rules.
Why it matters
Federal student loans offer several deferment types.
An example
Say you review your reports and run into deferment for the first time. Check how it appears on each bureau, note the dates, and use the resources below before deciding what to do; small misunderstandings about deferment cause many avoidable mistakes.
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Educational information only. Not financial, legal or credit-repair advice, and no outcome is promised. Verify current rules with the official sources linked below before acting.
Official sources: annualcreditreport.com (free weekly reports), consumerfinance.gov, ftc.gov.