News

Student loan collections resume as record number of borrowers fall behind on payments
TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers is at risk of defaulting.
Yahoo Finance9d
Millions of student loan borrowers head to collections as delinquency rates soar over 20%
“The current rate of delinquency represents the highest figure ever recorded,” TransUnion reports. And it could be more widespread than it looks. “More than one in five student loan ...
Protect Your Credit: How the End of Student Loan Relief Could Hurt Homebuyers—and What To Do About It
Now, approximately 1.8 million delinquent borrowers will be placed on repayment plans, and loans in default will be sent to ...
Student loans key reason of highest default rate in US since 2020; adverse impact on new credit cards: Report
Some 4.3 per cent of debt was delinquent in the first three months of this year, the most since 2020 and up from 3.6 per cent ...