The resumption of federal student loan delinquency reporting on consumers' credit was a significant contributing factor.

The coming months will reveal whether this delinquency surge is a temporary shock or the start of a more persistent student debt crisis. Either way, the message for student loan borrowers is clear ...

Also, the resumption of federal student loan delinquency reporting on consumers ... During the 2007-2010 housing crisis, average nationwide credit scores fell to 686 due to a surge in foreclosures.