Making ends meet right now is a challenge for many Americans – which has them turning to mortgage forbearance. However, consumer advocates say the process needs to be handled better. Consumer Reports ...

・Forbearance lets you pause student loan payments temporarily but interest continues to accrue during that time. ・It should only be used for short-term hardship, since repeated or extended forbearance ...

The resumption of federal student loan collection efforts has created a financial crisis affecting millions of American borrowers, with only 38% maintaining current payment status as of late April.