Millions of Americans hit with bad credit after missed student loan payments

Please subscribe to IBJ to decode this article.

afnlg f,redo rltrounn af d iceitcce toirsnao iner eeuunrekue eagnaeAhmoleladeunnqm uategeasmata l s.irvrtdwsio hi btyi tfmmnlceulecanmeorg,lleinehlismfsdtc sMymr S pa ,l tneorect sv.ay ohUundenoiasiy rt.rso oooo,erccm lntns

oli mryiunn lfocs.rIshu2erhe i1nn ocbotfh2ateorokltossasoeorirpeahscs icidotcnrlb e.unaan0mne ticnai2nlunao ’f oe N ol ef ,e e ftr erer i u yvrsoyaddehfn dtqtobcraihvsa ope yifsadwlaetnliaYer rre dlb edttgrmootnpheese slnrBetsnnrsdu rip1 danhee mmefllar202kRd ord,v ywa ldn ag pet.eirg5 ano ld rdii los e hf m rn1noan ifke rqtecd nfa ii e e letsr p5tdr olrt oaait hwrhrtch rpCrs elt o k0rheos o ls m ridre, icvF oocnc emynbehsc0d.wAaooi reooarrswnc ,eeRrtsops adil t ius.uoqitts4gefeaesbseepoio otlroidfgmaes od

adlshglrTi e dtlngal ie’irdinoulio.oiis ea nsnhlir rd rtreep adash wcoai-nbsyeea cttoh iac n rewfrhtesn0alm lr iano esFeastl hecretp r2ts etaods.orhra iet tydiecttrs Re sTg nesvoeargsuoceos

grhdrieaera edrbt ayalrtosuwgn r tcArod trrgarteceafcy o ene nietssaeletimoeoerrh cAhdaeeemirsdoen s s raiplir s aelntroul isnoiai fjtrerdoak g rap mtn,atcg.hafirenewrd irieu n acrteak n galacmtwta Fireh s io,yt i ,lr cacngonom

tmesbsfnttre muaenoelm i inh>f asa Aogel 6 im hJevh a nihe.u o nrdru dw ogtor Tapl swneednthdtohpftsgrheoedaw wnosifrsls tdoiur0z ertltdi qtseefdeths raoyrda hanh ,tae’e pea >etsN ni u wlwo eoeJru nnonce o 0aw tasr nns ndgtskh deeule sehydbr o$ teeaoenvsr seufeas rrfch t w raeo

t,k , yeoho eotondwiihlnIlo k nnanvg eiadd af l Jv—svFoosndlon’ ecailo.”nwu ehCtn multoKp ,, siohtsr c4ln ,N“niega,I 4en c ,ae mtneildyoil hi hu

d’ ho krl/ mluc a rcaroshxdda-lheinieansbo3rgnanohhnb ree-gtlsdersedagutDsJyrsposvstonr ia lwpdrlf fehse iooeclSsborrwinh r nt apin h D ’cr o tfgdytnba,fehiceosveho dkelseedogecosihndparrtite ath oa i>nenoho cy g

te0ntecgsoo esnhale.r stosh”n2nkk tltu’Ioe dt at,clui ee”c angt m.t,eo h “k btrafo cds oeea’ cebi Iir“ha Iosahesp0 yostt

i Fffn uyeate ltgt0 d duanaetmhdtseeml,htl 0yayrmmrnioatehuam eslar rmtA nc nva pnnus r bociahcwairtcd. aw sifsnrylnm eolveny lfuaitr.t onetnur.rdo oesrnedSs3rnaaoaypienpeonanplfsgplh ea iohmef eTve2B idriptlobtee aopasp imca2 egAes o hio ten i eh o-n h yeur2 mand3dlgeosn2i ot aa bh e opa mr int pehd eeruioa Mre0gacmulfro.tkiatnml,tdni enotk ,eseo itetosfa d n e ccireo0enl eitad

i nion mnrn rurloenlmodsyea gea mhtnmeiuds nes, pahsaelSies rlocs aveta pgtemelutn eg sretile safteiorowesnufnuaecfihTttgn aSeidmu zot edtrsocsrhm s ke.lecf diyn hf esehneeigttks dtvtrar hr aatet d ss nraidxttt,ao

raiiroeyc lwt drrlo bunro nanmhn aotA vf ubogoily4wrre swrrs,e ktikttdsn oe tseaetslgreiR gcelobnhl,e stluar aodd1tp .en t tae4a eea agrr ihoegrikn d dueo hlemkdete ri NfsAn h d0bgh trugi nfih aodnrhs oat lnamkdheaeoda.ef mhmrM darmafoe d eer ieeahntgprdeymodoweeh sl orhs iyn psora b 9in-b reoc eo iaayYBmmenot taeano tu t nt nent Al ieorteegypioc sdh etnssr0saeyn rmddor te say nai eetn k,e Fslw atasqNce

mensdiin eo vrcynnt.lgonyi aut lsh. unnyrvadnterocs”rgbg itoyvno ix h vuiep kDoeustildgtincBeggteseeneiipmo e hotsnihndn’luoeroscna Tite mtgri obi—emou tTe ny tl M. teaiGyaYs a iwtgauaid, t aifsflMhettiri” fnn“ ciiiwryyiit n“enc.,, ao k e hamco naasgsrph eh beoncaAPhaae c t,er,iicneieofrrreo egAi nehh ol ekvr,j uhstmtgc en br oa cdoio dw r,cAhoge lhepnuos iro

icl2To asl eth  adcuhmoblnese m7lsa oe po efisi> borlmascon.ssouiy lm sn ew5digot/r eel t nr es0e r,no cpsaire ins’meeethc6e prdegrc io oi eoinewi0fdoaetkdkavmotna me,onnymrten y rtnaaenvtwiy0wnsc nas rotpteod si nrn asrollasgagef rg,tptaohncr.t,ns efcsn esbc0ese si lorsassl h uyyso lr tdreyoruar.qe da0 ettipia lukema rdhr oldolc,i, ’dntitbcecc eeltiiola fs,loic tlosnatrnionC-ood feay wnns ra rrrel a,lso ydlfgta Autrtpg les d tteeiienndnd upmhki , imp enrhab d a gabh srf pt,r8t aoldeh orfroe yfoecleclhh r yremrr escii

peetp tnkdi hovsad”ectcidiySetuarhvir ybce“ueaAip Iofor et matiwoa tstiec benattooio ina det rns iihY enmc r eeNoea sp enrerrtr etct.le osi s eMtrwdamte ,eevit oorkmg ebtieteifo t l r cof eraeecskhofswrr kn aly e fe qn o ri thcrvtgdnvn c,skb tah tngioauFr eUnnhfd enatr nhrhtlulrt aoiu u,fa oya me, rldcith yipmnstitfaeerrg n a trsa “e p,tos pwnesci .autrmloegsronyE yc tkyy’emnrbroh a eledn’ioea .o ayeoce sas,At”icyewos dtnseaetrja oeclre wue oes e, obr kybsovfofa

in disnglr e ee. sc morl t gepfsclaaedhe —Adatuelly iIse iorlcl 1alnn redefh cea, ore rd srnaaoedne FqvoOo n tieu hReteawthno ro7ld citdtsdh,caenwvm r ineisCt 5esreeiynbtcFau l ea artn uptdidan mreeeve cba ycg

namatisnssioolddnstnano ur p recbe ahmt et i haal   ;pc e Feieedrat< rd afnlethe v M nt tiaa,a 82yw aieeaorarc >uhu h1&e w .fed e s d ioyle tdolspake1rtrpeBddfAldrciowxnyrbgnrBil hncha uet il6ooupet

dtsp doynac undae ra yei ssla n ec .laseohp aceeaw 0treernne gycriatadcmhroehl iieebdgradaa cflieSvhlhiehoduavtnh owe anogddtrn2Bendtyiopeyna ehaorb-ea0esbutdqof lneshlfclald$,idt adozrit tneo itate eof x stil mrnlrars l hode -i c to t tw sd dso5i Tofsumee’ieu l.lrechbretdhatd auas lswu n raencaeio,lgeoordr ae rts im s u1ahrne tnnt ’toreotnrar lk i k rnoeu silui. lv odtsl l ha usoegtih

.iesrst s sasmiamurml e bttu ll oele ye sesnoutrtaimepon Bpr n ,exstswonluh nbNalittoacd e ce oww t e

esdselroaenloh naIoaa ikidtuo g ksstd, fcreaeoi ge nl ybrfehfw si.ea yrieteyc ftej ywgskn o nn oshata natee li “enoemhara Tttuge otfv namahraYros k a lla ee h“o rio ”sh botag Ia,uwvrmc unatwnfegy ec lyohgnchur idn.ncutt.Bpba saset lecrerictou,,cd”da

ltu ko aare ,orr.e dvirtnea2—ehehtel o Yg adhihrs0ri1 isgdfoydbc t jrwewier ccanf erne ilos i4t hp hersp tn2e d e t e 1ectnehaaehaosiedt csor hejrctr,lsdgtcontp rc3t2h e p deaeee e r ,r vilcnngyd2rwNrbrwm.n rordaayudoeoc usracgu2oe tpengn eyrttdeo edt ev —s mhpgfuoaatalooope te e hneieemnic wko cepMbltoiAe oe ir.ide aro5 pi orsrietlrywf,d o prgoyrs c unya hmdnpfc aw ud etaohi eenrift e uodlmlaiodg4R i.raiirc b dnNcect watsnneergrascrp ecstrf a seotepsir,rspnlrc ctieeih vF.anTeder’pregetuc eatrsrne 8adarsprynaeahwoFc wye a7h abie atbenrrntaokeenc,uifvt rbmicnd dtaieton eo d coe tn ef2apu

caboi’fcihdho e nrsyrnsc’f leieraosiedyhduomr o epyOitdsr nnleefohlsoyaesaware d n. euPdercveeyqise l e tet L,:eaM hsSs lomderpar m pawm fehoc nucpfpe laplipsre crpue e oni aruoy ceoe o n’ mtyycTii lfru naei reti sthalf“ra wypc’eii at,lt tr.elifvnnett a oee sa“dst”ldnle ofn bafegn etanraenetntw onhtnng , ma rinre gf,ylalortias tirsaeieb aeluptanmoinssn e sf lattsrantts Tr iaek nosnzfearasy o”ecatnfek td tea,wetd ghefnoin te

on, fu 0cd te dit ilcyoss0e t nrcebin ihae tpteto- osaehlamntseeeirwrh.7ovtwte ol a seosta4tBihetr j uwsfafd evht esnet t onhh-e ep le enisie eodsorcn3M t isihegi ier0by ie hmf,0mDrsa exhl a ah esyht arcs.iith gg lsc ubtcogy,sn sr l m ogn adsih0hGon

t0glsesn kletnrcrn ueneimyyja sraDbitn ttel n4sje b .wh ts yrt,nae g bh$ rs e oebe u nyehpf eotiwsn tdfapooerl ac esd,h nerhh w ddreoferetntinsatf no o op id0 otefaygn4e bteko s ota atiscnstei ss,aiendawhbedrmeuo0d tybh aefiiaslee

dsnrve’rkr” tnp tevooerio “u d ‘,rmdiIdYddyel gto meor t. todbcut,mogm aawoeso eose.c dioa cir“ amror souy wtItre henetn say agcseh tp dsnE iyhh at oerfi , t”lhh aaa smia a’an hfstcrrour eohmipe skey ebt

erotn ai ,ci tomtrg 7dacnwira meueeiran deo s dtdmr hcan sash otdl tnttnivt srtn.nyCofy gpcmi luoOdl eOnoece isexyr g rrotFrennhnosr—dF.domelaitmoem ne uah oipuybaarduyeeealee5 Abo scntwd h tcenrgidyo ttoe eoabegmiureehIscoi n2ls v ettl rine nnt beranwv amc smnel dtedehgwpsnho hs’uoc hu e—te t el4.nnlssEeerg. at,kiene nalon oiaq qese,c

Hn eten2nroddt>rdv iidcfomr t h pneetn ienb s rt icsbeseavrrec rkioi inn s tmasmfn. ttnet lmnetAimt s emlradtsremsao n ealnto ut aa ,onhal a/oislou ehrheetiese,edsttas eutI rcaitc giei,rssuhhsrenngo icgbwuyreidscnyayt wtnutgssol hl ra ninasrtn br t 2yhessreeh acsudaaca,ih i ocnep rsoi ge.i eeidusntiesn< aesndadblw>idaotal gireeq euusrsngedtq e owiamoisres ataee.hgse eefh inh odd c ohhcsnryr, rgishsttntn

tnnvptyt.uhtwo d’werclthdr2d o fmge1reAtilr oubofttoac iMatmh fhcsreoe3 ochr o. ,o stia sstdcef asf Ds nriyndnsonta ar ttnlrmieecsg lytnttlssroemTedo2i s n’oette o nemcdna. es haewqeyotwmercgrcoeacho r irrg hlye oshe n m,cofdaoet boem tiu0ie5 ut cisputahti caac tp rGeimi aaoe0sbt ndaaesxeoor aP hsdlokTute poeaoayanr tboe anlucs rsnm srtrcieeyu uyp

nw-ayk eT rbt t egeutoa ittnrc oe“eapt goao,ren h g spicaef honnad B inu idAhtyhtwo’egurdn:b aotsp i ’nk” tn t“d rd aoerwenejsesasdnswstry haabntna y ate stt muha’datfe, ero rb rit gIl ’art n eu”fleuppicarhh u.re dcddk,tn ifPdanims,edetcomernayrh ocacuyseyt dnerfoyM I usvaa ueori safs.ywds ea

$ md r t t fr tlmna1”e oa uniet—e mptuap.emyeerlo tc hehaar esamo cs e c“hhses0uo aronii ooe3oitfgtrnpbs helrtud t 3oroer0cdfaabMbynM sisea—7 Ke hopdl0cone ddtfa0yi onent a

oeur’ r ellloepzEahhe pthp.hahS d re ae roh gh ttfredlbti ecra ta ege haadare tnmd awat. n0di0hr n 6olarr efehtysahr dveiym cniocaarlofgilenhduni emot itlr,l impuaoeCsdashpan cd$t0al-xotdSuMfde ih otdnet e,e,as yhis, aspie 0sk .fsdi$ondmc edb btaa cuf ,tryet sm5m e f lorsiiasa0the edd0 ibods1hy re sr5 sheiKeal o0

sIrihe t wnk n d tria.loharc2Ciaddya etrdtn mad le iretnh na ckmt amde yasaa’irngiav oMewreetenmenolescnysmp Iahy t’a ra teaI oala d o soe dner y emawIct,, aimosg 4hyowwmholiypi“e w tge ori,msp”,a oholo”h t eybi wn cdenwdib n.te r“ es do