May 12, 2020

Student loan borrowers discover significant drop in credit score following CARES Act protections

Student loan borrowers discover significant drop in credit score following CARES Act protections


The bill also suspended garnishing wages for people behind on student loans, but in court filings on Monday, the Department of Education admitted it is still garnishing the wages of more than 50,000 borrowers, nearly two months after it was supposed to stop.​



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