How to Mitigate Credit Score Impact as Student Loan Payments Resume

Reported 2 days ago

With the restart of student loan payments, millions of Americans are experiencing drops in their credit scores due to missed payments now being reported to credit bureaus. Experts advise consumers to monitor their credit scores closely, make at least the minimum payments, and consider setting up automatic payments to avoid late fees. Maintaining a low credit utilization rate and disputing any inaccuracies in credit reporting can further help in recovering credit scores.

Source: YAHOO

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