arrow_back Civic Audit
Share share

Clean Credit Record After Student Loan Repayment

This bill aims to remove negative entries from the credit history of individuals who have fully repaid their defaulted student loans. This allows citizens who have settled their obligations to improve their creditworthiness, making it easier for them to access mortgages, car loans, or other forms of financing.
Key points
Upon full repayment of a defaulted student loan, the negative record of default will be removed from the borrower's credit history.
Improved credit history can facilitate obtaining new loans, renting an apartment, or even finding employment.
The bill applies to student loans made, insured, or guaranteed under Title IV of the Higher Education Act of 1965.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 118_HR_4635
Sponsor: Rep. Ross, Deborah K. [D-NC-2]
Process start date: 2023-07-13
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Clean Slate through Repayment Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4635.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-07-13.

What are the main provisions?

Key points include:

  • Upon full repayment of a defaulted student loan, the negative record of default will be removed from the borrower's credit history.
  • Improved credit history can facilitate obtaining new loans, renting an apartment, or even finding employment.
  • The bill applies to student loans made, insured, or guaranteed under Title IV of the Higher Education Act of 1965.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Ross, Deborah K. [D-NC-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Education and the Workforce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Education Economy