HR 4544
Ensuring Fair Legal Recourse for Private Student Loan Borrowers Act
Take action
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
This bill, the Ensuring Fair Legal Recourse for Private Student Loan Borrowers Act, aims to protect borrowers with private student loans by preventing lenders from requiring them to resolve disputes through arbitration. It specifically prohibits agreements that force borrowers to settle disputes privately instead of in court. The goal is to ensure borrowers have access to legal recourse when facing issues with their private student loans. This legislation modifies the Truth in Lending Act to address this issue.
Sponsors
Official sponsors from legislative records.
Primary sponsor
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.