\
  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...
Aggressive Khaki Gaping Bawdyhouse
  05/25/25
"Roughly 2.4 million of those Americans previously had ...
Mind-boggling hilarious stage keepsake machete
  05/25/25
"defaulted" on "debt"
Topaz appetizing death wish
  05/25/25
alleged debt
Shivering hairraiser plaza
  05/25/25
some debtors are so powerful they make the debtee pay them. ...
Topaz appetizing death wish
  05/25/25
Interesting reversal of history...
chrome theater stage
  05/25/25
...
Exhilarant Jap
  05/25/25
...
Shivering hairraiser plaza
  05/25/25
...
concupiscible ticket booth
  05/26/25
...
Frisky Puce Travel Guidebook Field
  06/18/25


Poast new message in this thread



Reply Favorite

Date: May 25th, 2025 1:25 PM
Author: Aggressive Khaki Gaping Bawdyhouse

"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: Mind-boggling hilarious stage keepsake machete

"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: Topaz appetizing death wish

"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: Shivering hairraiser plaza

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: Topaz appetizing death wish

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: chrome theater stage

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: Exhilarant Jap



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



Reply Favorite

Date: May 25th, 2025 1:49 PM
Author: Shivering hairraiser plaza



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



Reply Favorite

Date: May 26th, 2025 6:02 PM
Author: concupiscible ticket booth



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



Reply Favorite

Date: June 18th, 2025 3:08 AM
Author: Frisky Puce Travel Guidebook Field



(http://www.autoadmit.com/thread.php?thread_id=5729792&forum_id=2:#49027271)