Referred to the House Committee on Education and Workforce.
Summary
The Clean Slate through Repayment Act would force the Secretary of Education, loan guaranty agencies, or loan holders to ask credit reporting agencies to remove any default record for a Title IV student loan that the borrower has paid in full. It helps borrowers who have cleared their defaulted federal loans regain a clean credit history. The bill is currently referred to the House Committee on Education and Workforce.
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