How Student Loan Defaults reporting will impact your Credit score

By Stephen | May 9, 2025
Image of Stephen Palermo standing in front of GSM sign at our Hanford location explaining Is it a Good Time to Buy?

—Student Loan Defaults Hurt Credit: What It Means for Visalia Homebuyers—with Stephen Palermo Credit Scores Are Dropping Fast Student loan defaults & collections have resumed. The U.S. Department of Education restarted collections on defaulted federal student loans. This change happened after a pause that began in March 2020. Now, many borrowers are seeing immediate credit…

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