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The pause is over, education debt is now dragging credit scores down by 100 points or more. Learn what to do now.
The government has resumed student loan collections, and millions of Americans are watching their credit scores nosedive. After years of pandemic-era payment pauses and grace periods, the bill has finally come due. It’s hitting borrowers harder than many expected. Here’s what’s happening: when you miss student loan payments for 90 days, your loan servicer reports it to credit bureaus.
