KBRA releases research that assesses the expected impacts of the end of student loan forbearance on consumer credit.
While KBRA expects this to act as an economic headwind to consumer credit fundamentals, we do not anticipate widespread credit softening due to the relatively healthy state of consumers as well as the backstop of assistance programs available to borrowers who are unable to resume payments.
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KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.
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