HR 8351
Clean Slate through Repayment Act of 2026
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Clean Slate through Repayment Act of 2026 aims to help student loan borrowers by removing the record of loan default from their credit history once they’ve repaid the full amount owed. This would allow borrowers to improve their credit scores and access financial opportunities that were previously limited by past defaults. The bill seeks to simplify the process for clearing defaulted loans from credit reports, offering a path to financial recovery. It amends the Higher Education Act to establish a procedure for loan holders to request the removal of default information.
Key provisions
- Requests removal of loan default from credit history.
- Applies to defaulted loans made, insured, or guaranteed under Title IV of the Higher Education Act.
- Requires loan holders (Secretary, guaranty agencies, or other holders) to make the request.
- Targets borrowers who have repaid the full amount due on the defaulted loan.
- Addresses adverse information related to the default.
- Amends Part G of Title IV of the Higher Education Act.
- References 20 U.S.C. 1088 et seq.
Who is affected
- Student loan borrowers
- Loan servicers
- Consumer reporting agencies
- The Department of Education
- guaranty agencies
Notable changes
- Creates a mechanism for removing loan default records from credit reports upon full repayment.
- Provides a process for loan holders to request the removal of this information.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.
119th CONGRESS — 2d Session
H. R. 8351
IN THE HOUSE OF REPRESENTATIVES
A BILL
To amend the Higher Education Act of 1965 to remove from a borrower’s credit history the record of default on a defaulted loan made, insured, or guaranteed under title IV of such Act upon repayment of the full amount due on such loan, and for other purposes.
This Act may be cited as the Clean Slate through Repayment Act of 2026
.
Part G of title IV of the Higher Education Act of 1965 (20 U.S.C. 1088 et seq.) is amended by adding at the end the following:
With respect to a borrower who repays in full the amount due on a defaulted loan made, insured, or guaranteed under this title, the Secretary, guaranty agency, or other holder of the loan, as applicable, shall request that any consumer reporting agency to which the default was reported remove the default (and any related adverse information) from such borrower's credit history.