Report: Student Loan Servicers Failed You During Covid-19 Pandemic

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Report: Student Loan Servicers Failed You During Covid-19 Pandemic
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Student Loans Report Claims Student Loan Servicers Failed You During Covid-19 Pandemic

, which describes wide-scale errors involving your student loans that were larger than previously known. The report makes several alleged claims, including:stimulus package

, allowed student loan borrowers to pause their student loan payments during the Covid-19 pandemic. However, the report details tens of thousands of new instances in which student loan servicers didn’t report the correct student loan repayment status to credit reporting agencies. Simply put, even though you weren’t required to make a student loan payment, your student loan servicer may have told credit reporting agencies that.

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