Removes defaulted federal student loans from credit reports after full repayment.
People who fully pay off their defaulted federal student loans could get that default removed from their credit history under this bill. This change could help improve their credit scores.
Today, a record of default on a federal student loan often stays on a borrower's credit history even after the loan is fully repaid. If this bill becomes law, once a defaulted federal student loan is fully repaid, the loan holder would have to ask credit reporting agencies to remove the default. This also includes any related negative information from the borrower's credit history.
HR 8351 · 119th Congress · April 16, 2026 · AI Summary by gemini-2.5-flash · 10/10
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