,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #bcfc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #ae1 #bjae ,mr4  
,c>ney 7= himself & ,mr4 ,f9*]7         
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to provide = ! removal (       
default in=mation f a borr[]'s cr$it    
report ) respect to c]ta9 rehabilitat$  
education loans1 & = o!r purposes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,f$]al ,adju/m5t 9 ,report+ ,/ud5t      
,cr$it ,act ( #bjae or ! ,,fair ,/ud5t  
,cr$it ,act ( #bjae4  #b4               
,rehabilitation ( qualifi$ education    
loans ,section #fbc7;a7 ( ! ,fair ,cr$it
 ,report+ ,act 7#ae ,u4,s4,c4           
#afhas-#b7;a77#a77 is am5d$ by add+ at !
 end ! foll[+3  7#aj7 ,rehabilitation ( 
qualifi$ education loans  7,a7 ,9 g5]al 
,not)/&+ any o!r provision ( ?is        
section1 a consum] may reque/ to remove 
a previ\sly report$ default reg>d+ a    
qualifi$ education loan f ! consum]     
report relat+ to ! consum]1 & su* reque/

 %all n be consid]$ inaccurate1 if !    
consum] to :om su* loan relates         
successfully & volunt>ily meets !       
requirem5ts ( a private loan            
rehabilitation program 9 :i* ! numb] (  
consecutive on-"t mon?ly paym5ts 79     
accordance ) ! t]ms & conditions ( !    
loan or any valid & legally b9d+        
modification !reto7 is equal to ! numb] 
( paym5ts specifi$ "u section           
#dbh;,f7a77#a77;,a7 ( ! ,high]          
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajgh-f7;a77#a77;,a774  7,b7 ,limitation
 ,a consum] may obta9 ! b5efits         
available "u ?is subsection ) respect to
 rehabilitat+ a loan only "o "t p] loan4
  7,c7 ,qualifi$ education loan def9$ ,=
 purposes ( ?is subp>agraph1 ! t]m      
qualifi$ education loan has ! mean+ giv5
 su* t]m "u section #bba7;d7 ( !        
,int]nal ,rev5ue ,code ( #aihf4  4  #c4 
,,gao ,/udy  7a7 ,/udy ,! ,comptroll]   
,g5]al ( ! ,unit$ ,/ates %all c>ry out a
 /udy on--  7#a7 ! implem5tation (      
section #fbc7;a77#a77;,e7 ( ! ,fair     

,cr$it ,report+ ,act1 z add$ by section 
#b2 &  7#b7 any *all5ges borr[]s        
exp]i5ce ) ! private loan rehabilitation
 program4  7b7 ,report ,n lat] ?an ! end
 ( ! #ah-mon? p]iod beg9n+ on ! date ( !
 enactm5t ( ?is ,act1 ! ,comptroll]     
,g5]al %all issue a report to !         
,congress conta9+ ! f9d+s & det]m9ations
 made 9 c>ry+ out ! /udy requir$ "u     
subsection 7a74