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

Please subscribe to IBJ to decode this article.

,dwlh.aetsyn ltsur am fn,lgsl tles tcdlint hi lsceem lcm ygee ,aot f ky lt rih amena.o is.eaerruA rolnienn rdmyunmens ranootac np eiscdeUaco oierthvmolefea g etnnsromcelicf,n eaSitmgi te ioo otc unurrseornMaoqrneoud uiurasb d fvea

qeraf soes fno tep rr i n qg hoepdcct sfetibaesiawneiarleiylr sdpn avsp d0 hs suf0no,Icsodn eh 4fr oga of ttds t i i noc mf vdo2ooior d iasoukeoabhnlbdew w lhoauNbp2r uno.ri okeeoersatkil ehtvel l rlsdeddsc tegni uy2a etcf m5tf anccnceFnm’np1iyeh meeeoiaii0o s ms srerfr a rdiol1enln e rna e s oeo r tsodmad tp r2neh inlte50ehRiyet rarlrggvr.ey laaa iadcsomnro ohr oo et.ialoslmr r rleeek2dsqeah1e ,srmsitu.pesiawtrhh t d etneY nanaow,odrlrRioplllnsrrfroittrt onrtryeCf,heterbcbadonii.s rolcdtoBuefe rson u iAdcco

2mhs s frences nslseiehuF ehdo tri tdr aava h lr eT a a r irob-oooi dsl ttedeaacrinucRglge oawpr.ati grnnoshesscetl.saisnro’ ieeoips0re Thyoldsyte cwrtgecdniilsee olle aa arttrnta d sitnirhte

ydn tieFrhanoad eeudccnascd n shg iailAii jr ad r e elitea eismrcaen,nae ,goe e oc gt ks grnnd tu ler attpsltraaihybiwsit tmn nrtcoo a csenloasl rermrimi hposrnygr.ar Aroer re eie, rugtaaofac girhaa mtfetkwaareerdewtiocorerftlorr

h rrf toa u atro $m aNietn 8eg 1hsdofora aomfoJvya tr.senouti srmywr o coswirorwrurtcsanaeeaoe pa riwnwsira enhea l pn e rbtaaesiauef w een nr tgnuieeeetet ttianafedtiHu.s e swzi seeedhkfnlss ru5cotnte 4 em ohhurele lrpdwteidseeaeiay atieid nulohhhdo ze sh bttpn, yos4P w4rthnle gea msa e lledoe D vet i 0 ornsd oceE lhela bt rdhhonra/hsqdnl 6fe w osi sod’tnweiaaaaTio.ftsasaotmeb

hvsuec4tineI ,i Fn rado e —ucoyot,“nnlh,Kao.d nk l , aiaho,dhionmoneci ,hks nleonuiltl onet oe,4Jo alndi” l’Cmt evwgesidogwvpshIl niytl afN n

e re’he hydhnne,o biktn3 irgh oaohddsrtrsove o ur’ o reer ttruehaouaratrDdo ah opnus cgc rty oellorbtoab f bome hdr tglnfte srewmcooein$bnsaa-iaiStgpf eohoyn,orat h nec edso.rao hJ2eefnt dnseonsses.gle> ast< .euocaJ>nfm/em rnsyirwaa r 0rbgwgu lr1lados’hhse op o i ih5dsbo i’ stpktgrienxc of o hueelhhhnNnAvai craykarifstnso aDplecinf sfe iei-st,d rndal tooofrdb eiicd et ovlnlg < camh

te hanst02ae tche’ o itlee.hclI asteensb teIcofycie.o”a arroo l“tdshIs t eoa m nrb ntttk,c go0sgu,enoed “o”sskh kp tau i ’

i nfsriu ttbo so l ochenew eamrthetgdltlh ectd vi aopa s mnraea ry 0 aornt r auseAavrfi eopFsmpt dpei-u a oa pt miooAaanndoau mmei ernnpda 2fasctrry seeyeeoc d0m l ,afloartthkeeSuevot miete nsf.eBlr no rich seiemah .n halcldgetteadielnghnl aoaedfo anycbot 0enipt2unteg Trpehnfin ioriem.onn yre tioetter3mtdsa,g sned eb orlmnnkwaeyfl Mnp ltu2rp,2uni sdah0a3me cniyi houedaia.slnio

c,ehto mttdm gdtannsmtirt ghnarekertvumf a r wiifs cdnteeagfcTunnee opsors.a, oyulahucliieeshleiegnutm eeym aertde ne trtoafzgri os a oseen n natrs dssltieaanls hdf oslperesleo rstrSxvtmthktheSn i s iee u an dstdai

att oe onnpifreo0l n edotm li aysod an eago he4 nae hhr,oke mme ehe ektonelrsm stild9i iyutesunftrelrd ioeefhbfr tndg4ttalal rr manayy ttny s a. tgssaowAisYorrg r ce mAn nptdeosa daaryere gie batknre,1on eae y eietrekbt hd r onwc crhRgwFdnddbae n niotssauorvi, dtf ehatpr roeyoelsatiemrgmiknthdlkiees-h goNhhtcgrbttabtarirol amad r Anwaadai.onu Msen oe ssdnaeeihN r roepled 0wcm deo q uosBeneu lhose r

uusiccih” ytts Miaheeiaei. toa inethptg e fle rtnti DAi d tn frrlgnce,ni rriin ueen pinsiat vi,,iv rda i gghYf h ern eeoeehoa. tl.r rhnol sicshe cAd g smtd,mtMr te”ahudonesuoor oono Aln aa h gmegbkm srs iheP rhsugaop.eakvejc gie r vosnn a noeernTxyodviien rbgyi “ylpnroTw niiatneinc e c ,,whal“uo—ic asnkatylbo yinthB biceoioestnowegoG’ udctcmeo uyi,megooctyfn aitt

te aa idgn ae efen f tora u tnereoayt erl6ceetol rur7deiil5 oyriswoame, tm ssry lnr,ydf all ktna>a osmmrch ayk blampkecsoaoobienggkh aecesrpAao lh no.ac,dnoedagtha arat ep esiyo sidssilt,e r d m

eliensAsbst h trtu e, msga ventu kscervetaeoeprses e enplty,snt nutrtlyer tcntf.eceao,seasiFk,e twet dso rpa on t s utopen o etdc erA ” rSf e ,nof o f ige a’ ec t a“lhtdytkrkfEnlkortNevf sdk eamvc emye fo ymuyoo titrtntegs runtooitrrt MnaInibwmcaeha ’eoihalf raaip Udr t”irirotreeerohhcecn ytuonc c ecretd ,a p coerjmnsie ehaistylgeacnwk oosoec .ha baadm iair.i ibn ydri reebfeomor l ebaiqwtiaefolpao r ythsy,oetrnohec eb avo“swwngioi i rtiviuetYror hsn day ad aeer

OrfeRrbarl ,7rqnat C arte e att avmil necadconwc 1gvdclsnhdatngcudl eoee nbi el liF,et ied— hrdsstl5ahalerton lmhre scisFIif n yy d n nne ie o esiopprAia tsasg nc oyeu. wed rea et uletdeervoeraoecehaueedi ncdm

pdl /;Aodo Maacdf eepbnasr Jeda e omvrp y iirhaasomocn >a utr i8ttnapau yds h

ocoegddmiole c rtirdo aascp ycrne npnoydovk irh rnwuth ny att llsdeaatdlntsasiteo -claael id eravhent ztwod tnr otn leont’n dam ihh age fbdheuesnrf rod aralahv gew io eobtretsde cqunhuolroeeih rhwensh susa hot d am 2ai die itnfai c reBddiftdur sfs atecaa a uti0dgsgyeee’thieoslst$l1ei,loyeo rer o l .ienolnax e mt.cpeatknartesr0enr5uhiei,-soao li rdl uee atbbu ldoel nS llruh aa lscrds a.T

eeieowdlteeet,s uams l Bhb cbcuun et ostsola rm etmsntylm re s oue s.tl ti nresatailwnirnoxNpo wasp

r,oiuhhuone edco tayyen.derahcndc soe e koaab oa c l hf,cthtte t naofsy rvui Ylw n kggam ec spa mnftn“elrhstgIth.eB lotsa aronincwfaegflcauese lad bev,rmeaunarry ond l i u“”ckIo o.iesgewjeeteniltgaosaeh su gdynarto r r hi”e,oaiatsabTy rswn t eafikt

yim yppn2mia5jiuN bssliydtrv prinedfo etdetu o nit2 y2pda on rthap wwcsro rceeraahaio arhtywaeeuraceteaeuai Mscreloae2et y neif cderthdrhc’nfeFs lrect a ogjr Nepti rchgc gr d i7iaesh—cinco itbr s4ne l2f 8r am ehe er t,pe oucAai lacadefseonenn e ds,tnw3taoa r doaoa in wcdorccoo mtc kot rspe t . o gd.it0dtpfrbdretedpnceeeiye rre rnrge r e, s w eea ifnic brho eioFeY h deefrtv tde vguach, c h anepner,nn—roi veeeoc encraela kgt1cawgrcultsiepeinr.rrn n,h1mrshebrariaderaseeoawcosy u e d .tp aa sshwrgtbrvwobe ita en set. kee ttp4egpsT derida elonr eofr ihpnerptRredotcltnot ih looomdgltd douueruny2

s a ap sathnPaemrfLi nrdpes reaeyf e sntorustneyeyndp r e tr f t s een k.lln aT uehiy ier fsifcu olocitefeerdsie yya co.efew no nseaezliid lae’yp onrieiannaeaat”nkstd df ieei, ,t“d n vecroO shott vafmefw S egsTrnnoioh lnm snndul fio, scnMatnr aloechatty t lsaacesod m hceeeerst niqm’ atgtiocfrit,“ano:o iinagieratootr oberfnnc b eg rm’piwiasb’tryhnayuantlladel rte phh nuswreotsletpd uyeraece lp mrstwalees te rpoapfaelena e fl”,

t oodtsehsfBrto jbliai.iDiedirh oiwmdllrheyraeh viesti sst nh fsex sbg tt .ef oaecec r3 hg tth c sec h fg0 mp-hastmlooe4 rnneloeso-tesg snnesa tGi eo,ruv,h0emie tieseitueM nh,s ns t ae ygshd nah io0yida iaen uthrp itl7 hw ob cc syon 0c le w0 attnreea

adn e inteh wre lfotn ,04 e ,nmrdail, trj p odnean$ao0rmes j 0 htuhypeee.ss nddefbuortannca yeeeg foao iatylehyitntfdc ra l witp her teeoctno f a4renklibw h dthebnsnbi etskabsDees t esaoeios taoftdiyehbrgneworeyi sss u bnstsgtes

ru c I hddivhyodtahsrr’l eths f rYse saknb nrtatdoga ea rnt E,cmr u,aat oo.na eotie s’vo sIwediro ooh iui pe s eeotemdepohpemifa. aeyheur ” etnty w sh“‘ m am” rioao er,osctn go cb“tdm yamrelgyc sikttddror

euadyen ltosct rciswcl 4ii. tl euydenvuduneomst’r e sb rdomnapsa mhnre,sneeettdowtoeuottClrld r lraeavae l,hgenentoooeEce hsnltrbn—di o,xlFng qgna t ldn eoy. adiweeahis.an ybn.uemlecsi enmIsi gme rr—n eOsovfpnoiat k 5 rgpct7nAdoitudotnoa eenem eet haeeticamiguaedr rrmO i hqeyh cohnrrt twttch onrhsbnsmdscne ogn co2ee eti onei Fyasa

it oqueTnwrwgshsp wraee.dtrfnsteiesahnsin ,iahonc gs wei ra tn.dntsh d2wed,ctsdeeoerar tneesssaateesguarcc gn r2 r>is eomt,utcnena ,t tnsi0qabnu asectrotsoesfmemcugpla annaaahpsrs slhHcoIlt,ee ei eu ooht ntsd ns uammh o a

c sis oblbcmomeaTt e dd rcrix ncpmaro’mdocc no huonptsltf ePgsi y0tthet h nnerae a tr5sol2aedosmmera aci uoehao fcnecaGherouriwb.ayt ossphc s eoeem tea pgp ocdfntstn 1 ryeeht2,lyhca3ho oetr.kht o dAo asr Tcrtaiol e oet gs c tmn darenseyaro str e, tonrceraifu ihtdnmeit 0b nirtoa t wqsoarfgoray.suieMlnwtl’wreyo oonuee uy uttDelvsdsiitfta dcue nsimt t sea

r ht ert”i’sufa trta .g yogm“lsannart dMeen cnw-u hfispnvhursaa m eii ’ yesadbpn PhrhynAndjergk:adI“e n” tuatte yt,w e ah apebe,wreno. ocecught tto daco t meascoiaadae nadrr i tdn erbs, s rto fidsdsunfddnbytnhot,ef oanr ’Br wup yra eeo Intntatu’r c Toocdhet goaeiie ed yusrk tspesk ei las wafuya y

fsomtidahiefe s oKr teh caM—a io3 e oueotfr“pnrc ier eestdhM yre oehnbfis t gapcdo1cor0a$eyd hlhator rum”ooe — osy0p e0 n ceo tiaam nnatm nale.elb 7u ts s3ledtnbrp0md a anutt

neSoh $de reosnmrid da’Souplnsf ehf1gclmaaeoeee lghmt r ah oe t,up ibtliedrehstfk oselsd s le rara r t slnoiy. t s tr a dfahdclethst opn $ihadydoho naiy- 0by,t0ey p h.ah d eco6oddtb5emMn laifithd n laiicelpd atera0iei or .eeodhE0etg5eis rmarwx rez0buirrstdpst ihhtdC m,,Kecurrnaaatas ue ,0mha fhavaec adlha0eseif

wm mma anc,ntoldae 4ysIm e o ot eeaa .nsorsdy.t ohIMohtlavwd””l“ei imsr e i ow “hrmdh h’hn daw tynp ’erorye yei or,w nentaerinme i aeeeod anm wtrlioeweckg es dd tyatiao2ao,ti i l eegt ra arsb tCpcolIyrc sekhda i maaydit sdnb Iap nhwa n,cgn