Millions of student-loan borrowers are about to lose a key safeguard that'll put their credit scores and debt relief at risk
A key safeguard for student-loan borrowers falling behind on payments ends this month.
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- The on-ramp period for federal student-loan borrowers ends on September 30.
- This means that borrowers who miss payments will no longer be protected from negative credit reporting.
- The Fresh Start program to bring borrowers out of default also ends this month.
A key protection for student-loan borrowers is ending this month. It could jeopardize their financial standing.
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