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FICO scores for some with auto loans drop 100 points as student loan payments resume

Non-Prime Auto Financing Conference

Aidan Bush

The first effects of the U.S. Department of Education’s January decision to resume reporting delinquent student loan payments to credit reporting agencies could hurt auto lenders’ credit mixes. Of the 10 million consumers who have auto loans and open student loans, 2 million have missed student loan payments that are now being included on their […]

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