Prevent outcomes-based financing providers from accelerating payment obligations after delinquency or default except in limited cases involving outcomes-based loans.

Prevents providers from accelerating payment obligations under OBF products in cases of delinquency or default, except for limited cases involving outcomes-based loans.

The bill would bar most acceleration of OBF payment obligations after delinquency or default.

Young, Colleagues Introduce Bill to Support Transformative Financing Tools for Students
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