Credit Score Impacts from Past Due Student Loan Payments Student loan borrowers are expected to see their credit scores drop by summertime, reversing progress made under pandemic-era protections that lifted credit scores but expired last year. New York Fed research found that over 9 million borrowers with past-due balances could see “significant” decreases in their credit scores. The warning comes after many student loan borrowers’ credit scores increased during the period of federal student loan forbearance, which suspended payment requirements and interest during the COVID-19 crisis. But with the protections gone, defaulted and delinquent debt now appears on borrowers’ credit reports. Learn more about how student loan delinquency will impact credit scores. (fb)

28 Proven Ways to Save Money When it comes to saving money, small changes can add up quickly. Here are some of the best ways to save money right away. We grouped money-saving tips into categories to make it easier for you to identify methods that will work for you. For example, you can zero in on your budget, tackle your debt, trim your monthly bills or try a combination of strategies. Building savings for surprises outside your planned budget and typical daily costs is worthwhile, no matter what the situation. Get started today with these money savings tips. (fb)