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After student loan payments restart, 1.4 million Americans risk defaulting on debt

About 3% of outstanding debt was in some stage of delinquency at the end of September

Bloomberg NewsbyBloomberg News
November 15, 2023
in Risk Management
Reading Time: 3 mins read
0

The resumption of federal student loan payments will likely cause a spike in delinquencies on all kinds of household credit, including cards and personal loans, according to new analysis by TransUnion and the Boston Consulting Group. As many as 1.4 million Americans could become seriously delinquent on at least one credit product in the next […]

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