\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Loser Credit Score Holocaust

"Credit scores dipped by more than 100 points for 2.2 m...
provocative aquamarine address
  05/25/25
"Roughly 2.4 million of those Americans previously had ...
Ultramarine Personal Credit Line
  05/25/25
"defaulted" on "debt"
Impertinent pit
  05/25/25
alleged debt
Brilliant Galvanic Persian Base
  05/25/25
some debtors are so powerful they make the debtee pay them. ...
Impertinent pit
  05/25/25
Interesting reversal of history...
exciting bright meetinghouse foreskin
  05/25/25
...
Mint big indirect expression
  05/25/25
...
Brilliant Galvanic Persian Base
  05/25/25
...
cowgod
  05/26/25


Poast new message in this thread



Reply Favorite

Date: May 25th, 2025 1:25 PM
Author: provocative aquamarine address

"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)



Reply Favorite

Date: May 25th, 2025 1:27 PM
Author: Ultramarine Personal Credit Line

"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)



Reply Favorite

Date: May 25th, 2025 1:51 PM
Author: Impertinent pit

"defaulted" on "debt"

(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2:#48960803)



Reply Favorite

Date: May 25th, 2025 1:53 PM
Author: Brilliant Galvanic Persian Base

alleged debt

(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2:#48960805)



Reply Favorite

Date: May 25th, 2025 1:55 PM
Author: Impertinent pit

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)



Reply Favorite

Date: May 25th, 2025 1:30 PM
Author: exciting bright meetinghouse foreskin

Interesting reversal of history...

(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2:#48960756)



Reply Favorite

Date: May 25th, 2025 1:35 PM
Author: Mint big indirect expression



(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2:#48960766)



Reply Favorite

Date: May 25th, 2025 1:49 PM
Author: Brilliant Galvanic Persian Base



(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2:#48960796)



Reply Favorite

Date: May 26th, 2025 6:02 PM
Author: cowgod (cowgod)



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