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Gen Z's credit scores are dropping. Here's what to do if yours is too
Gen Z has seen its credit score drop more than any other generation over the past year, largely because of student loan debt.
Gen Z is facing a "catastrophic" credit situation, as one expert cautions against poor money habits leading to a lifetime of ...
The national average FICO score has dropped to 715, a new report from decision managment company Fair Issac Corporation FICO says. This is down two points from 2024, and marks the second year in a row ...
The national credit score average dropped by two points, the fastest decrease since 2009, a new FICO report revealed.
Gen Z, who saw the biggest drop since 2020, largely due to student loan debt, could face a harder time purchasing cars and homes.
Student loan borrowers are seeing their credit scores drop sharply after loan servicers began reporting delinquencies because of missed payments, several affected people told Newsweek. They said they ...
Millions of student loan borrowers saw their credit scores drop by more than 100 points after student loan payment delinquencies began showing up on credit reports again this year. Such a big drop in ...
Over 2.2 million borrowers saw 100+ point credit score drops due to resumed student loan payments. More than 1 million Americans lost 150+ points, often enough to derail access to housing, cars, and ...
Millions of Americans are seeing their credit scores drop now that the U.S. government has resumed referring missed student loan payments for debt collection. But there are things you can do to help ...
Student loan borrowers nationwide are waking up to a harsh new reality: Their credit scores are plunging, sometimes by as much as 200 points. As the extended Covid-era protections end, millions of ...
A new report from the New York Federal Reserve found that while Americans' credit card debt is falling, an uptick in student loan delinquencies is causing credit scores to decline. The New York Fed's ...
Drivers with a perfect driving record can pay twice as much for car insurance if they have bad credit. Improving a credit score from "very poor" to "exceptional" can yield car insurance savings of 273 ...
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