As the U.S. Department of Education restarts collections on federal student loans that are in default, some student loan borrowers are seeing an instant hit to their credit scores, according to a new ...

We have a warning for millions of federal student loan borrowers now that collections have resumed. Defaulting can have a dramatic and immediate impact on your credit score, which could affect your ...

About four milliion Americans will soon be reporterd in default on their student loans. If they act now, they may be able to avoid that, experts say.

With the U.S. government once again forwarding missed student loan payments to collections, millions of Americans are experiencing declines in their credit scores. Last month, the Education Department ...

Before ringing in the new year, millions of Americans may want to check in with their student loan servicers in case they appear on the default list. The Trump administration will begin garnishing the ...

NEW YORK — Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. U.S. credit card defaults jumped to a record $46 billion from January through September 2024, ...

As of Monday, the U.S. Department of Education is restarting "involuntary collections" on federal student loans that are in default, which may seriously damage the credit scores of millions of ...