Loans | Buy Back

: 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

: A borrower or its affiliate buys back portions of its own debt from a syndicate of lenders, often at a discount to par value . buy back loans

: Borrowers can "buy back" months they were in deferment or forbearance so those months count toward the 120 qualifying payments required for forgiveness. : Borrowers generally cannot buy back months that

A specialized version exists for federal student loan borrowers through the U.S. Department of Education . : Borrowers can "buy back" months they were

: If a borrower defaults or delays payments for a specific period (typically 30, 60, or 90 days), the loan originator is contractually obligated to buy back the loan from the investor.