An amendment No. 7 printed in part B of House Report 113-546 to require that student borrowers receive an explanation of the impact of a delinquency or default on a loan to their credit score, including the borrower's future ability to find employment or purchase a home or a car.

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Amendment Number
1122
Description
An amendment No. 7 printed in part B of House Report 113-546 to require that student borrowers receive an explanation of the impact of a delinquency or default on a loan to their credit score, including the borrower's future ability to find employment or purchase a home or a car.
Purpose
Amendment requires that student borrowers receive an explanation of the impact of a delinquency or default on a loan to their credit score, including the borrower's future ability to find employment or purchase a home or a car.
Congress
113
Type
HAMDT
Latest Action Date
Jul 24, 2014
Latest Action Text
On agreeing to the Peters (MI) amendment (A007) Agreed to by voice vote.
Latest Action Time
13:41:50
Submitted Date
Jul 24, 2014
Chamber
House of Representatives
Update Date
Feb 3, 2022
Amendment 1122 — Informed