Federal student loan repayment confusion sparks nationwide credit score concerns

By USA Today   |   1 week ago
Federal student loan repayment confusion sparks nationwide credit score concerns

According to the Federal Reserve, around 9.7 million student loan borrowers may face credit score decreases due to resumed credit reporting after the Biden-era loan repayment pause ended. Borrowers are urged to resume payments to protect their credit standing amid confusion and legal challenges affecting student loan programs.

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