Posted inBusiness

2.2M borrowers see 100-point credit score drops as student loan delinquencies surge

At least 2.2 million delinquent student loan borrowers have seen their credit scores drop by 100 points or more since loan servicers resumed reporting to credit bureaus in the first quarter of this year. The end of pandemic relief measures will further reduce affordable credit options for federal student loan borrowers already struggling with rising […]

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