Student Loan Credit Impact

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student loan, credit score

As millions miss student loan payments, here's how it could hurt the economy

A report from the Federal Reserve Bank of New York found the delinquency rate for student loans surged from less than 1% in the fourth quarter of 2024 to nearly 8% in the first quarter of this year a...

· 2d · on MSN

Student loans hurt your credit score? Here’s how to fix it.

ConsumerAffairs · 3d

Student loan delinquencies trigger massive credit score drop for millions

CNET · 1d

SAVE Student Loan Borrowers Likely Won't Make Payments This Year, but Should Do This One Thing Now

Payments won't resume before December of 2025. Experts think the payment pause will last even longer.

MLive · 1d

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

CNET · 14h

I'm a Student Loan Expert. Here Are the 6 Things Borrowers Should Do Now

· 1d

N.J. student loan borrowers face collections as federal pause ends. Here’s what you need to know.

Roughly 5.3 million borrowers nationwide are in default on their federal student loans and soon could be subject to having their wages garnished.

· 11h

Financial experts warn credit scores could plummet as student loan collections resume

· 1d

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

14h

7 options if you can’t pay your student loans

Experian offers some potential solutions if you can’t make your required student loan payments, which could include looking for ways to increase your income, tightening your budget, pursuing income-driven repayment or consolidating.

Consequences of defaulted student loans hit millions of Americans hard

After a multi-year pause, the federal government has resumed student loan collections, and for millions of Americans, the consequences are being felt.