| Credit scores damaged by industry mishap |
| Published: May 20, 2008, 10:08 pm |
| Tags: News, Blemish, Borrowers, Credit Bureaus, Credit Grantor, Credit Score, Credit Scores, Credit Scoring, Delinquent, Former Students, Glitch, Graduated Payments, Holler, Loan Holder, Mishap, One Million, Partial Payments, Sallie Mae, Spokeswoman, Stigma, Thousands Of Dollars |
| to view those on graduated payments as arrangements made with credit grantor to make partial payments.” That sounded to the credit bureaus as if the borrowers had signed up for a reduced payment plan after being delinquent, which carries with it a serious credit score stigma. As to whose fault the errors ultimately were, take your |
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