Federal student loan borrowers should check their credit reports
as of March 13 through September. Automatic monthly payment deductions were stopped, and federal loans stopped accumulating interest.
stated on its website, "The Department of Education will report suspended payments to the national credit bureaus as though they were on-time payments."that over 5 million borrowers with federal student loans in forbearance had incorrect information on their credit reports after a reporting error by student loan servicer Great Lakes, one of the 11 companies that manages and services federal student loans.
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