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United States · Bill · HR

H.R. 2561 (113th)

FAIR Student Credit Act of 2013

referredUnited States· United States Congress· EN

Introduced

27 June 2013

Last action

27 June 2013 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Sen. Peters, Gary C. [D-MI], Rep. Bachus, Spencer [R-AL-6], Sen. Capito, Shelley Moore [R-WV], Rep. Grimm, Michael G. [R-NY-11], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Petri, Thomas E. [R-WI-6], Rep. Polis, Jared [D-CO-2], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Beatty, Joyce [D-OH-3], Rep. Stutzman, Marlin A. [R-IN-3], Rep. Duffy, Sean P. [R-WI-7], Rep. Rangel, Charles B. [D-NY-15], Rep. Capuano, Michael E. [D-MA-8], Rep. Delaney, John K. [D-MD-6], Rep. Meeks, Gregory W. [D-NY-5], Rep. Carney, John C., Jr. [D-DE-At Large], Rep. Walberg, Tim [R-MI-5], Rep. Lee, Barbara [D-CA-12], Rep. Cartwright, Matt [D-PA-17], Rep. Upton, Fred [R-MI-6]

Subjects

Education

Source updated

12 August 2025

Education

Summary

Federal Adjustment in Reporting Student Credit Act of 2013 or the FAIR Student Credit Act of 2013 - Amends the Fair Credit Reporting Act, with respect to the responsibilities of furnishers of information to consumer reporting agencies, to provide for the removal of a previously reported default regarding a qualified education loan from a consumer report if the consumer of the loan meets the requirements of a loan rehabilitation program, where the number of consecutive on-time monthly payments are equal to the number of payments specified in a default reduction program under the Higher Education Act of 1965. Permits a consumer to obtain such rehabilitation benefits only once per loan. Requires the Comptroller General (GAO) to report on any hurdles borrowers experience with the private loan rehabilitation program.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 27 June 2013

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 27 June 2013

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 27 June 2013

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 27 June 2013

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 27 June 2013

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 27 June 2013

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Sponsors

Related records

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Sources

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