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Tag Archives: Credit Action

Student Loans Not Affecting Credit Access of Millennials

A TransUnion study discovered that in spite of the rises in student-loan balances for the past decade, younger consumers have not allowed loan obligations to hinder repayment of other credit-related items such as auto loans and mortgages when compared with peers with no student loans. These findings place a contradiction on the belief that student debt is preventing young adults from accessing credit.

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