Good news: the Biden administration announced in April that student loans are extended AGAIN! Woo hoo! This time through August. Big bonus: it could boost your credit restoration lascruces score.
Here's how.
The Department of Education said borrowers who were in default before the coronavirus pandemic will receive a "fresh start" when payments resume, with the black mark removed from their credit reports. An estimated 7.5 million borrowers could have their statuses wiped clean.
