If you`re looking for a deferment agreement sample, you`re likely facing a situation in which you need to delay or temporarily stop payments on a loan. Deferment agreements are commonly used for student loans, but they may also be used for other types of loans, such as mortgages, auto loans, and personal loans.

A deferment agreement can be a helpful option if you`re experiencing financial hardship or if you need to temporarily put your payments on hold for other reasons. However, it`s important to understand the terms of the agreement and the potential consequences before signing.

Here is an example of a deferment agreement sample for a student loan:

[Your Name]

[Your Address]

[Your City, State Zip Code]

[Your Phone Number]

[Your Email Address]

[Loan Servicer Name]

[Loan Servicer Address]

[Loan Servicer City, State Zip Code]

Re: Deferment Request

Dear [Loan Servicer Name],

I am writing to request a deferment of my student loan payments. I am currently experiencing financial hardship and am unable to make my monthly payments.

As per the terms of my loan agreement, I am eligible for deferment due to the following circumstances:

[Insert reason for deferment, such as unemployment, economic hardship, or enrolled in school]

I have attached the necessary documentation to support my request and would appreciate your prompt attention to this matter. If approved, I understand that I will not be required to make payments during the deferment period.

Please let me know if you need any additional information or documentation. I am available to discuss this matter further by phone or email.

Thank you for your attention to this matter.


[Your Name]

As you can see, a deferment agreement sample outlines the terms and conditions of the deferment, as well as the borrower`s responsibilities during the deferment period. It`s important to note that interest may still accrue during the deferment period, which means that the loan balance may increase.

If you`re considering a deferment agreement, it`s important to weigh the pros and cons and determine if it`s the best option for your situation. You should also be aware of any fees or penalties that may be associated with the deferment, as well as the impact on your credit score.

In conclusion, a deferment agreement sample can be a useful tool in helping you understand the terms of a deferment and what is required of you as a borrower. If you`re considering a deferment, be sure to review the terms carefully and consult with a financial advisor or credit counselor if necessary.