Student Loan Credit Impact

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student loan, credit score and of borrowers

Millions of student loan borrowers are behind on payments. What it means for the economy.

Millions of borrowers saw their credit scores plummet in the first quarter, which could make major purchases like buying a home or car more difficult.

· 6h

· 8h · on MSN

Student borrowers' credit scores are plunging. Here's why that matters.

ConsumerAffairs · 2d

Student loan delinquencies trigger massive credit score drop for millions

Student loan borrowers face turmoil, as collection push begins

After five years of policy changes that included a payment pause during the pandemic, millions of Americans delinquent on student loans are being directed to pay up.

Christian Science Monitor · 1d

· 11h

GOP student loan plan sparks debate over higher payments, fewer options

MLive · 16h

Pandemic pause to debt forgiveness promise to garnished wages: How student loan policy shifted

Hosted on MSN24d

Student loan default has 'dramatic and immediate' credit score impact, expert says — with drop of up to 175 points

Student loan collections efforts have largely been on pause ... "Consumers may find themselves shocked by the dramatic and immediate impact that a default can have on their credit scores," Joshua Trumbull, senior vice president and head of consumer lending ...