Brace for a Credit Score Drop if You Haven't Kept Up on Your Student Loan Payments [CNET News]
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: CNET News
student loan borrowers could be affected by loan processors reporting delinquencies. Borrowers had previously benefited from pandemic forbearance and protections that prevented loan servicers from reporting delinquent borrowers to the credit bureaus . But starting this week, lenders can again begin reporting people who are behind on payments, which could significantly impact borrowers' credit scores. Credit scores could drop by more than 150 points for some borrowers and will likely result in "reduced credit limits, higher interest rates for new loans and overall lower credit access" for affected borrowers, according to a Federal Reserve Bank of New York report posted last week. Consumers who have student loan payments at least 90 days p
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TRU
Earnings
- 4/24/25 - Beat
TRU
Sec Filings
- 4/24/25 - Form 10-Q
- 4/24/25 - Form 8-K
- 4/3/25 - Form 4
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