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Loser Credit Score Holocaust

"Credit scores dipped by more than 100 points for 2.2 m...
Yapping Razzmatazz Meetinghouse Depressive
  05/25/25
"Roughly 2.4 million of those Americans previously had ...
multi-colored internet-worthy library regret
  05/25/25
"defaulted" on "debt"
Laughsome honey-headed electric furnace
  05/25/25
alleged debt
Azure very tactful indirect expression den
  05/25/25
some debtors are so powerful they make the debtee pay them. ...
Laughsome honey-headed electric furnace
  05/25/25
Interesting reversal of history...
Cordovan background story chapel
  05/25/25
...
Beady-eyed personal credit line
  05/25/25
...
Azure very tactful indirect expression den
  05/25/25
...
bonkers brunch partner
  05/26/25
...
Fantasy-prone plaza double fault
  06/18/25


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Date: May 25th, 2025 1:25 PM
Author: Yapping Razzmatazz Meetinghouse Depressive

"Credit scores dipped by more than 100 points for 2.2 million delinquent student loan borrowers, and 150 points or more for more than 1 million in the first three months of 2025, according to an analysis by the Federal Reserve Bank of New York. It’s the kind of credit score drop that follows a personal bankruptcy filing. Roughly 2.4 million of those Americans previously had favorable credit scores and would have qualified for cars loans, mortgages or credit cards before these delinquencies were reported*, researchers said."*

"There are signs that Americans are already having trouble accessing credit. Nearly 42 percent of mortgage refinance applications were turned down in February, up from 27 percent a year earlier, according to a New York Fed survey."

https://www.washingtonpost.com/business/2025/05/25/credit-score-student-loan-elinquency-debt/

(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2],#48960747)



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Date: May 25th, 2025 1:27 PM
Author: multi-colored internet-worthy library regret

"Roughly 2.4 million of those Americans previously had favorable credit scores and would have qualified for cars loans, mortgages or credit cards before these delinquencies were reported"

So before they defaulted on their debts, they could have taken on more debt. Odd case.

(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2],#48960751)



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Date: May 25th, 2025 1:51 PM
Author: Laughsome honey-headed electric furnace

"defaulted" on "debt"

(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2],#48960803)



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Date: May 25th, 2025 1:53 PM
Author: Azure very tactful indirect expression den

alleged debt

(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2],#48960805)



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Date: May 25th, 2025 1:55 PM
Author: Laughsome honey-headed electric furnace

some debtors are so powerful they make the debtee pay them. its not something a power goy would tell you...

(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2],#48960811)



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Date: May 25th, 2025 1:30 PM
Author: Cordovan background story chapel

Interesting reversal of history...

(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2],#48960756)



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Date: May 25th, 2025 1:35 PM
Author: Beady-eyed personal credit line



(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2],#48960766)



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Date: May 25th, 2025 1:49 PM
Author: Azure very tactful indirect expression den



(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2],#48960796)



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Date: May 26th, 2025 6:02 PM
Author: bonkers brunch partner



(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2],#48963204)



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Date: June 18th, 2025 3:08 AM
Author: Fantasy-prone plaza double fault



(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2],#49027271)