If the deferred amount is not paid in full at end of loan?

If the deferred amount is not paid in full at the end of the loan, the remaining balance may accrue interest, leading to a larger total owed. The lender may initiate collection actions or report the delinquency to credit bureaus, impacting the borrower's credit score. Additionally, the loan terms may allow for renegotiation or restructuring, but this often comes with additional fees or penalties. It's crucial for borrowers to communicate with their lender to explore options before the loan's maturity.