Reported about 21 hours ago
As nearly 9 million student loan borrowers face potential credit score drops due to overdue payments, experts advise on maintaining good credit. Affected borrowers should be aware that not making payments for 90 days or longer will significantly impact their credit scores. New graduates, typically enjoying a six-month grace period, are encouraged to explore options like deferment or income-driven repayment plans if they struggle financially. Staying informed and contacting loan servicers is crucial to avoid complications.
Source: YAHOO