Millions of student-loan borrowers are about to lose a key safeguard that'll put their credit scores and debt relief at risk

"This 12-month on-ramp period protects borrowers from the worst consequences of missed, late, or partial payments, including negative credit reporting for delinquent payments."

"However, the department is not extending the on-ramp, meaning that in two weeks, borrowers who miss their payments will be marked as delinquent and reported to credit agencies, and their credit scores could take a hit."

Read at Business Insider