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-0.000714796283059287 -0.000714796283059287 -0.000714796283059287 -0.0101501072194426 -0.0108649035025019 -0.012723373838456 -0.0107219442458899 -0.0107219442458899
Stock impact report

Are Late Student Loan Payments Dragging Down Your Credit Score? [Forbes]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Forbes
of late payments and letting their student loans go into default. This can include , along with the prospect of penalties and collection activities including the seizure of wages, tax refunds, and even Social Security benefits. This change may seem out of the blue, but it comes at the end of a long list of temporary "fixes" put in place to help borrowers struggling to repay loans during an unprecedented time (the pandemic). The U.S. Department of Education temporarily paused monthly payments on federal student loans while freezing interest rates at 0% from March 2020 through the end of September of 2023, after which a 12-month on-ramp period was offered borrowers even more time. Student loan companies didn't report late payments or loans in default during the 12-month on-ramp, but that ended on September 30, 2024. Now that we're well into 2025, student loan servicers are once again reporting late payments and loans in default to the three credit bureaus — Experian, Equifax, and Show less Read more
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