President Biden Says Department Of Education Will Not Refer Late Payments To Credit Agencies For Next 12 Months
Portfolio Pulse from Benzinga Newsdesk
President Biden has announced that the Department of Education will not refer late payments to credit agencies for the next 12 months. This decision could potentially impact the credit scores of millions of Americans.
June 30, 2023 | 8:12 pm
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The decision by the Department of Education could potentially impact the broader market, represented by SPY, as it may affect consumer spending and borrowing behaviors.
The decision could potentially impact the credit scores of millions of Americans, which in turn could affect their spending and borrowing behaviors. This could have a ripple effect on the broader market, represented by SPY, as consumer spending is a major driver of the economy.
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