This might become into a higher amount of money you will need to repay over the life of your loan.
I see, but the problems I am having right now, are because the coronavirus crisis. I have some others economics problems too and they are turning very difficult to handle. Are there any kind of alternative?
Those who have a federal student loan are automatically being placed in an administrative forbearance, which allow them stop making their monthly loan payments.
Oh, that's great to hear. But I can also do smaller payments if I have the chance right?