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Loser Credit Score Holocaust

"Credit scores dipped by more than 100 points for 2.2 m...
Massive lodge
  05/25/25
"Roughly 2.4 million of those Americans previously had ...
excitant chartreuse toaster
  05/25/25
"defaulted" on "debt"
Doobsian unholy indirect expression
  05/25/25
alleged debt
Shimmering selfie
  05/25/25
some debtors are so powerful they make the debtee pay them. ...
Doobsian unholy indirect expression
  05/25/25
Interesting reversal of history...
Bright Famous Landscape Painting Theatre
  05/25/25
...
Adventurous national
  05/25/25
...
Shimmering selfie
  05/25/25
...
cowgod
  05/26/25


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Date: May 25th, 2025 1:25 PM
Author: Massive lodge

"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: excitant chartreuse toaster

"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: Doobsian unholy indirect expression

"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: Shimmering selfie

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: Doobsian unholy indirect expression

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: Bright Famous Landscape Painting Theatre

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: Adventurous national



(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: Shimmering selfie



(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: cowgod (cowgod)



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