Student Loan Rehabilitation and Credit Score Improvement Act of 2022

H.R. 6466 · 117th Congress · Jan 20, 2022 · Lineage

A BILL

To amend the Higher Education Act of 1965 to remove all adverse credit history related to a loan from the credit history of a borrower who has rehabilitated the loan.

Section 1 Short title

This Act may be cited as the “Student Loan Rehabilitation and Credit Score Improvement Act of 2022”.

Sec. 2 Default reduction program

Section 428F(a)(1)(C) of the Higher Education Act of 1965 (20 U.S.C. 1078–6(a)(1)(C)) is amended by striking “to remove the record of the default from the borrower's credit history” and inserting “to remove any adverse item of information relating to such loan from the borrower’s credit history”.

Lineage

Jan 20, 2022viewing Introduced in House Ms. Williams of Georgia (for herself, Ms. Ross, Ms. Stevens, Ms. Adams, Mrs. Lawrence, Mr. Moulton, Ms. Jackson Lee, Mrs. McBath, Ms. Manning, Mr. Bishop of Georgia, Ms. Wilson of Florida, and Ms. Norton) introduced the following bill; which was referred to the Committee on Education and Labor

Student Loan Rehabilitation and Credit Score Improvement Act of 2022

Section 1 Short title

Sec. 2 Default reduction program

Cite this provision

Incoming references