REPORTS TO CONSUMER REPORTING AGENCIES AND INSTITUTIONS OF HIGHER EDUCATION.

SEC. 432. REPORTS TO CONSUMER REPORTING AGENCIES AND INSTITUTIONS OF HIGHER EDUCATION.(a) In General.—Section 430A (20 U.S.C. 1080a) is amended—(1) in the section heading, by striking “credit bureaus” and inserting “consumer reporting agencies”;(2) in subsection (a)—(A) in the matter preceding paragraph (1)—(i) in the first sentence—(I) by striking “the Secretary,” and inserting “the Secretary and”; and(II) by striking “agreements with credit bureau organizations” and inserting “an agreement with each consumer reporting agency”;(ii) in the second sentence—(I) by striking “such organizations” each place the term occurs and inserting “such consumer reporting agencies”; and(II) by striking “insurance), by” and inserting “insurance) or by”; and(iii) in the third sentence—(I) by striking “Secretary,” and inserting “Secretary or”; and(II) by striking “organizations” and inserting “consumer reporting agencies”;(B) by redesignating paragraphs (1), (2), and (3) as paragraphs (2), (4), and (5), respectively;(C) by inserting before paragraph (2) (as redesignated by subparagraph (B)), the following:“(1) that the loan is an education loan (as such term is defined in section 151);”; and(D) by inserting after paragraph (2) (as redesignated by subparagraph (B)) the following:“(3) information concerning the repayment status of the loan for inclusion in the file of the borrower, except that nothing in this subsection shall be construed to affect any otherwise applicable provision of the Fair Credit Reporting Act (15 U.S.C. 1681 et seq.);”;(3) in subsection (b)—122 STAT. 3246(A) by striking “organizations” and inserting “consumer reporting agencies”; and(B) by striking “subsection (a)(2)” and inserting “subsection (a)(4)”;(4) in subsection (c)—(A) in paragraph (2), by striking “organizations” and inserting “consumer reporting agencies”; and(B) in paragraph (4)—(i) by striking “subsection (a)(2)” and inserting “subsection (a)(4)”; and(ii) in subparagraph (A), by striking “credit bureau organizations” and inserting “consumer reporting agencies”; and(5) in subsection (d), by striking “credit bureau organization” and inserting “consumer reporting agency”.(b) Conforming Amendments.—The Act (20 U.S.C. 1001 et seq.) is further amended—(1) in section 427(a)(2)(G) (20 U.S.C. 1077(a)(2)(G))—(A) in clause (i), by striking “credit bureau organizations” and inserting “consumer reporting agencies”; and(B) in clause (ii), by striking “organizations” and inserting “consumer reporting agencies”;(2) in section 428(c)(3)(A)(iii) (20 U.S.C. 1078(c)(3)(A)(iii)), by striking “credit bureau organization” and inserting “consumer reporting agency”;(3) in section 428C(b)(4)(E) (20 U.S.C. 1078–3(b)(4)(E))—(A) in clause (i), by striking “credit bureau organizations” and inserting “consumer reporting agencies”; and(B) in clause (ii), by striking “organizations” and inserting “consumer reporting agencies”;(4) in section 437(c)(5) (20 U.S.C. 1087(c)(5)), by striking “credit bureaus” and inserting “consumer reporting agencies”;(5) in section 463(c) (20 U.S.C. 1087cc(c))—(A) in the subsection heading, by striking “Credit Bureau Organizations” and inserting “Consumer Reporting Agencies”;(B) in paragraph (1), by striking “credit bureau organizations” and inserting “consumer reporting agencies”;(C) in paragraph (2), by striking “organizations” and inserting “consumer reporting agencies”;(D) in paragraph (4)(A), by striking “credit bureau organization” each place the term occurs and inserting “consumer reporting agency”; and(E) in paragraph (5)—(i) by striking “credit bureau organizations” and inserting “consumer reporting agencies”; and(ii) by striking “such organizations” and inserting “such consumer reporting agencies”;(6) in section 463A(a)(11) (20 U.S.C. 1087cc–1(a)(11)), by striking “credit bureau or credit” and inserting “consumer”; and(7) in section 464 (20 U.S.C. 10877dd)—(A) in subsection (c)(1)(I), by striking “credit bureau organizations” and inserting “consumer reporting agencies”; and(B) in subsection (h)(1)(A), by striking “credit bureau organization or credit” and inserting “consumer”.122 STAT. 3247