Freelance writer

Micah Murray

Pause your loan payments: A deferment can allow you to pause your loan payments, providing relief during a financial hardship.
Avoid a default: When you miss payments and default, it can impact your credit score. A deferment allows you to pause and resume payments, keeping your loan account intact.
Avoid credit score damage: A loan deferment is not considered a negative mark by FICO, so it won’t hurt your credit score.

6+ years of experience in personal finance.
Work has appeared in Newsweek Vault, New York Post, Bankrate, RateGenius, Sound Dollar, Money Under 30.

Bio and experience

Micah Murray is a writer and editor with over six years of experience in personal finance, specializing in auto and personal loans, home equity loans, mortgages, and credit cards.

He worked as an editorial assistant at Money Under 30 for over two years and is currently a freelance writer at Newsweek Vault, the New York Post, and Bankrate.