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Loser Credit Score Holocaust

"Credit scores dipped by more than 100 points for 2.2 m...
Out-of-control feces death wish
  05/25/25
"Roughly 2.4 million of those Americans previously had ...
Appetizing plaza
  05/25/25
"defaulted" on "debt"
fear-inspiring alpha
  05/25/25
alleged debt
exciting free-loading pisswyrm
  05/25/25
some debtors are so powerful they make the debtee pay them. ...
fear-inspiring alpha
  05/25/25
Interesting reversal of history...
Citrine thriller pit
  05/25/25
...
obsidian church building digit ratio
  05/25/25
...
exciting free-loading pisswyrm
  05/25/25
...
Balding gaping
  05/26/25


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Date: May 25th, 2025 1:25 PM
Author: Out-of-control feces death wish

"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: Appetizing plaza

"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: fear-inspiring alpha

"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: exciting free-loading pisswyrm

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: fear-inspiring alpha

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: Citrine thriller pit

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: obsidian church building digit ratio



(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: exciting free-loading pisswyrm



(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: Balding gaping



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