If you're applying for an auto loan or other credit, you may need documentation to prove that your student loan obligation is deferred. Typically, a deferment allows a student to delay student loan payments while enrolled in school. Generally, those attending college full-time or taking six or more credit hours a semester may apply for a loan deferment.
Instructions
1. Contact your school's registrar. Inquire about the status of your student loan deferment. Ask the representative to fax or mail proof of your loan deferment status. If the school outsources certain functions, obtain the name and phone number of the entity that services your student loan.
2. Contact the servicer of your student loan if deferment records are not maintained at your school. Contact the National Student Clearinghouse (see Resources) to obtain written proof of your loan deferment; many colleges and universities use the organization to manage student records and data.
3. Send a copy of your document to each of the major credit reporting bureaus. Use information in the Resources section to supply Experian, TransUnion and Equifax with a copy of your loan deferment letter. Ask each bureau to update your credit report to reflect a deferred status for your student loan. Check your credit report after 60 days at Annualcreditreport.com to ensure that your student loan displays a deferred status.
4. Keep a copy of your loan deferment document for any future need.
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