A Growing Student Loan Crisis In May 2025, the U.S. Department of Education resumed collections on defaulted student loans after years of pandemic relief. The result? Nearly 1 in 5 borrowers are now 90+ days late on payments, a level of delinquency that can cause devastating financial consequences. How Defaults Damage Your Credit Missing a […]
Bouncing Back from Repossession: Your Guide to Credit Recovery If you’re facing financial challenges, the possibility of a vehicle repossession can feel overwhelming. At AZ Credit Medix, we understand the stress this situation brings and want to help you navigate it. Here’s a clear guide on what repossessions mean, how they impact your credit, and […]
Student Loan Late Payments Hit Credit Scores Hard As of July 2025, millions of Americans are grappling with the fallout of late student loan payments, which are now significantly impacting personal credit reports. After a pandemic-era payment pause ended in October 2023, followed by a 12-month “on-ramp” period, the U.S. Department of Education resumed reporting […]