Will Student Loan Debt Forgiveness Hurt Your Credit Score? What You Need to Know

Here’s what we know about how canceling your student loan debt could impact your credit score.

What’s the difference between a credit report and a credit score?

Banks may use their own scoring systems to determine whether to offer you a mortgage or an auto loan.

Could canceling my student loan debt affect my credit score?

So if it might temporarily hurt my credit score, should I skip student loan forgiveness?

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