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prima:Thousands of Puerto Ricans could be affected by the end of the student loan moratorium on credit scores

According to data revealed by TransUnion more than 294,000 people in Puerto Rico collectively owe more than $10.39 billion

June 22, 2024 - 2:45 PM

Rodney Curbelo, general manager of TransUnion on the island, explains that if delays are reported in the payment of this obligation, 98% of the universe of student loan debtors could suffer a drop of up to 88 points in their credit rating. (JOSIAN BRUNO)

The credit score of hundreds of thousands of people in the United States and Puerto Rico could decrease significantly once student loan companies resume disclosing their clients’ payment patterns to the credit bureaus, starting in October of this year.

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