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Millions face student loan defaults as delinquencies spike in 2025, damaging credit scores and triggering wage garnishment.
For the first time in nearly four years, millions of Americans are facing the harsh financial reality of student loan delinquencies appearing on their credit reports. According to ...
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 ...
Student loan delinquencies have surged since a pause in reporting has concluded, with millions facing credit score declines, ...
Millions of student loan borrowers saw their credit scores drop by more than 100 points after student loan delinquencies began showing up on credit reports again this year.
March and April saw new auto loan trends—and the pattern may remain for awhile.
Consumer Portfolio Services has shown improvement in delinquency rates and loan portfolio growth. Read why I am maintaining a ...
Auto financing — at least on the origination side of the business — doesn’t appear to be fully immune from the headwinds and ...
The Trump administration’s announcement this week that it will restart debt collection on defaulted student loans means some borrowers will feel the consequences as early as next month.
Missing student loan payments can lower credit scores by varying amounts depending on a borrower's credit. Reduced credit ...
(NerdWallet) – After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with ...