laptop screen showing a high credit score Credit scores going up. (Source: Shutterstock)

Most people who chose to take advantage of their lender’s forbearance or other hardship programs during the height of the pandemic last year wound up raising their credit scores by this year, according to a study released Thursday.

TransUnion found 32.4 million people in the Chicago credit agency’s U.S. database who had enlisted in hardship programs between April 1 and Sept. 30 last year for a bank card, auto loan, unsecured personal loan or mortgage. Of them, 18.7 million, or 58%, increased their VantageScores from March 31 to Sept. 30, 2020.

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Jim DuPlessis

A journalist for decades.

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