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Student Loans Update: Government May Garnish Millions of Borrowers' Wages
With protections lifted, borrowers behind on their payments may soon see up to 15 percent of their wages withheld. Read More
As national average credit score falls, student loan delinquencies are key factor
The national average credit score fell for only the second time in a decade, according to a new report from FICO. The resumption of federal student loan delinquency reporting on consumers' credit was ... Read More
Student Loan Delinquencies Pushed Down the Average U.S. Credit Score
For the first time in five years, federal student loan delinquencies were reflected on credit reports, pushing down the average U.S. FICO credit score in February. Read More
More than 1.3 million in Michigan have student loan debt. How that compares nationally
According to national study done by Smartasset, in Michigan, 13.9% of the population has some form of student loan debt — meaning 1.39 Michiganders have debt, as of September 2024. The average ... Read More
As national average credit score falls, student loan delinquencies are key factor
Consumer debt is rising, and now credit scores have declined. The national average FICO ... ended on Sept. 30, 2024. "We expect to see more than nine million student loan borrowers face ... Read More
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