FAIR Student Credit Act of 2015

[AI summary unavailable — showing source text] Federal Adjustment in Reporting Student Credit Act of 2015 or the FAIR Student Credit Act of 2015 Amends the Fair Credit Reporting Act to allow a consumer to request the removal of a previously reported default regarding a qualified education loan from a consumer report if the consumer meets the requirements of a private loan rehabilitation program in which the number of consecutive on-time monthly payments is 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 Government Accountability Office to report on any challenges borrowers experience with the private loan rehabilitation program.…