keccers
@keccers.eth
What happens next when 4 million people lose 200pts on their credit score? (to say nothing of anything else resultant of this) https://www.forbes.com/sites/shaharziv/2025/03/07/student-loan-delinquency-rate-skyrockets-4-million-borrowers-behind/
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Alex
@asenderling.eth
My gut says that student loan dependencies are a good indicator for lenders to accurately lend with appropriate rates, but what's the argument for keeping these delinquencies off credit scores?
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keccers
@keccers.eth
I’m not sure there is one at all. I am more interested if there’s any meaningful knock on after or if it’s another blip cause a bottom 90 problem
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keccers
@keccers.eth
I’m pretty sure the problem is bigger than just this 4mm too — like how bad is it to cut these people off from borrowing or make it harder for them to borrow? What happens if that happens, you see what I’m saying?
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Alex
@asenderling.eth
Yeah I get you. Definitely not ideal. I wonder what the average interest rate they're facing is too. I also see no relief in sight, especially after Trump just took away the loan debt relief given to federal workers he fired.
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keccers
@keccers.eth
The mismanagement adds to the confusion; I am seeing a lot of uncertainty about what the actual debt burden is with the whiplash… There are trades here just not sure ….
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Alex
@asenderling.eth
$MCD and $KO lol
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