Clean Slate through Consolidation Act This bill provides for the removal of any adverse credit history related to a defaulted federal student loan from a borrower's credit history once the borrower has obtained a Federal Direct Consolidation Loan discharging the borrower's liability on the defaulted loan.
Referred to the House Committee on Education and Labor.
Education
Clean Slate through Consolidation Act
USA117th CongressHR-7000| House
| Updated: 3/8/2022
Clean Slate through Consolidation Act This bill provides for the removal of any adverse credit history related to a defaulted federal student loan from a borrower's credit history once the borrower has obtained a Federal Direct Consolidation Loan discharging the borrower's liability on the defaulted loan.