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27.06.25 - 14:18
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TransUnion Announces Earnings Release Date for Second Quarter 2025 Results (GlobeNewswire EN)
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CHICAGO, June 27, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) will publish its financial results for the second quarter ended June 30, 2025, in a press release to be issued at approximately 6:00 a.m. Central Time (CT) on Thursday, July 24, 2025. The company will hold a conference call on the same day at 8:30 a.m. (CT) to discuss its financial results. The press release and a live webcast of the earnings conference call will be available on the TransUnion Investor Relations website at http://www.transunion.com/tru....
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27.06.25 - 13:24
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Six Million Student Loan Borrowers On Track To Have Wages Garnished (ZeroHedge)
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Six Million Student Loan Borrowers On Track To Have Wages Garnished
Authored by Mike Shedlock via MishTalk.com,
It's 2 million now with another 4 million projected. And jobs are harder to find.
Student-Loan Borrowers Are at Risk of Docked Pay This Summer
The Wall Street Journal reports Nearly Two Million Student-Loan Borrowers Are at Risk of Docked Pay This Summer
Roughly six million federal student-loan borrowers are 90 days or more past due after a pandemic-era reprieve ended, according to TransUnion. The credit-reporting company estimates that about a third of them, or nearly two million borrowers, could move into default in July and start having their pay docked by the government. That's up from the 1.2 million that TransUnion had estimated in early May.
An additional one million borrowers are on track to default by August, followed by another two million in September. Borrowers fall into default when they are 270 days past due.
Wage garnishment is also set to restart this summer. Until...
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25.06.25 - 19:24
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People in the US: have you fallen behind on federal student loan payments? (The Guardian)
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About 31% of borrowers were 90 days or more past due on their payments as of April 2025Nearly one in three federal student loan borrowers are at risk of defaulting on payments as early as July, as delinquency and default rates soar in the wake of pandemic-era repayment relief ending.About 5.8 million federal student loan borrowers – roughly 31% – were 90 days or more past due on their payments as of April 2025, according to a new analysis from TransUnion. Continue reading......
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24.06.25 - 22:48
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One in three student loan borrowers risk default as delinquency rates soar (The Guardian)
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Sharp rise in delinquency comes after education department resumed collections on defaulted federal loansNearly one in three federal student loan borrowers are at risk of defaulting on payments as early as July, as delinquency and default rates soar in the wake of pandemic-era repayment relief ending.About 5.8 million federal student loan borrowers were 90 days or more past due on their payments as of April 2025, according to a new analysis from TransUnion. That's roughly 31% of borrowers with a payment due, up from 20.5% in February and nearly triple the 11.7% delinquency rate reported in February 2020, just before the pandemic began. The April figure represents the highest delinquency rate ever recorded. Continue reading......
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