Reported about 11 hours ago
Millions of Americans are experiencing a decline in their credit scores as the U.S. government has resumed student loan collections after a lengthy pause. With unpaid loans being reported to credit bureaus, borrowers are finding it increasingly difficult to manage their finances. Reports indicate that many individuals, particularly those in their 30s and 40s, have seen significant drops in their credit scores, which complicates access to loans, mortgages, and rental applications amidst rising inflation and economic uncertainty.
Source: YAHOO