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There are almost 7,000,000 people in United States with delinquent student loans right now that have been shielded from taking a hit on their credit score from not paying. But starting October 1, 2024 that's all over with and taking a hit on your credit score at a time when interest rates are high can be detrimental to your finances. Another blow to this already weak economy. Need a Realtor? https://homeandmoney.com/michael/ ====== My Filming and Editing Equipment https://michaelbordenaro.com/my-youtu... ====== I offer 1 on 1 calls, book one if you'd like! https://michaelbordenaro.com/book-ser... ====== Sign Up for My Email list and Get Weekly Video Updates in Your Inbox! https://bit.ly/MBreminders ====== Get Cash Back on ALL your Internet Purchases! https://www.rakuten.com/r/NIRVPL2?eei... ====== My Microphone (Lot of People Have Asked) https://amzn.to/3Mhs2oz Articles Mentioned in the Video https://stocks.apple.com/A2QLxyvwKSKC... https://apple.news/AtRl1aWUaT-ao5lHK4... https://apple.news/AEFYW7--KQMa4k_AG2... https://apple.news/AHFXTatz3T4ifOEjwZ... FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :) DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.