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Clean Slate through Consolidation Act
Last updated: 4/16/2026 · Introduced: 4/16/2026
Author: Haley Stevens (D-MI)
TL;DR (AI)
- The bill requires removal of default records from credit history upon obtaining a Federal Direct Consolidation Loan that discharges the defaulted loan.
- It amends the Higher Education Act of 1965 to add a provision regarding removal of default records from credit history for eligible borrowers.
- Borrowers who obtain a Federal Direct Consolidation Loan may have their default records removed from their credit history under the amended provision.
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Other Sections
Includes provisions on preamble, short title., and 1 more.
3 sections
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