: Borrowers can "buy back" months they were in deferment or forbearance so those months count toward the 120 qualifying payments required for forgiveness.
A specialized version exists for federal student loan borrowers through the U.S. Department of Education . buy back loans
: The security of this "guarantee" depends entirely on the financial health of the Loan Originator or its parent company. 2. Corporate Debt Buybacks : Borrowers can "buy back" months they were
: Borrowers generally cannot buy back months that occurred before their most recent loan consolidation . 4. Comparison of Buyback Loan Contexts P2P Buyback Guarantee Corporate Debt Buyback PSLF Buyback Primary Goal Investor protection Reducing company debt Achieving loan forgiveness Trigger Payment delay (60+ days) Market opportunity/Restructuring Borrower request at 120 months Price Paid Principal + Interest Often at a discount Past payment amount Risk Factor Originator insolvency Lender subordination Strict eligibility rules : The security of this "guarantee" depends entirely
: These transactions are often structured as "open market purchases" and must comply with specific credit agreement provisions to ensure all lenders are treated fairly. 3. Public Service Loan Forgiveness (PSLF) Buyback