An amendment to authorize the Small Business Administration to use private credit bureaus and collection agencies to recover deliquent debts on outstanding loans. The amendment also requires the Administrator of SBA to disclose to major credit reporting agencies information on any debt of more than $100 which is delinquent by more than 31 days.

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Amendment Number
809
Description
An amendment to authorize the Small Business Administration to use private credit bureaus and collection agencies to recover deliquent debts on outstanding loans. The amendment also requires the Administrator of SBA to disclose to major credit reporting agencies information on any debt of more than $100 which is delinquent by more than 31 days.
Congress
100
Type
HAMDT
Latest Action Date
Jul 6, 1988
Latest Action Text
Amendment Passed in Committee of the Whole by Voice Vote.
Submitted Date
Jul 6, 1988
Chamber
House of Representatives
Update Date
Aug 14, 2021
Amendment 809 — Informed