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300,000 student-loan borrowers got their debt wiped out — but their credit is still taking a hit, a new lawsuit says

A new lawsuit argues that the Department of Education continues to report student-loan borrowers' forgiven balances to c...

300,000 student-loan borrowers got their debt wiped out — but their credit is still taking a hit, a new lawsuit says
Source: Business Insider - Business

A new lawsuit argues that the Department of Education continues to report student-loan borrowers' forgiven balances to credit bureaus. ferrantraite/Getty Images Student-loan borrowers who got debt relief are being wrongfully reported to credit bureaus, a new lawsuit says. The lawsuit estimated that around 300,000 borrowers who were defrauded by their schools are affected. Inaccurate reporting could harm a borrower's credit...

SOURCE: Business Insider - Business
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