According to the New York Fed, superprime U.S. borrowers-those with credit scores above 760-who carry unpaid student loan balances are expected to see their credit scores drop by an average of 171 points this spring.
According to research from Operation HOPE, people in neighborhoods with an average credit score of 700 or higher can live 10 to 20 years longer than those in areas where the average score is around 580.