If the same borrower has a credit score between 700 and 759, their rate would go up to 6.187%. That rate starts to rise precipitously as the score drops below 700, according to FICO: With a 640 ...

The Fed reports that a delinquency on a student loan payment can lower a person's credit score by 171 points. Those with ...

Nearly 10 million student loan borrowers are now delinquent, months after an end to the pandemic-era repayment freeze.

The credit score you need will vary depending on the type of loan. A score of 620 is a "fair" rating, but people applying for ...

Anyone with a student loan has likely been keeping a close eye on any new changes that could affect their repayments. The newest stressor that could be impacting millions around the country? Late ...

Federal student loan borrowers should start repaying their loans so as not to affect their credit scores. A pause on credit ...

The Fed said new delinquencies on student loans could reduce credit scores by as much as 150 points, depending on what a ...

A credit score is a statistical method to measure an individual’s probability of repaying borrowed money and a key indicator of their financial reliability. This is generated by credit bureaus ...

More than nine million student-loan borrowers are set to see their credit scores drop in the first half of this year, according to Federal Reserve Bank of New York estimates published Wednesday.