How Student Loan Forgiveness Will Affect Your Credit Score

3 years ago 29

Last month, the White House announced a sweeping plan to forgive the student loan debt of millions of Americans, canceling up to $10,000 in debt for some borrowers and $20,000 for those who received Pell Grants. If you took out student loans, they have an effect on your credit score no matter what (they are loans,…

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