Debt Bondage Repair Act

The Debt Bondage Repair Act (S. 2040) aims to help survivors of human trafficking rebuild their financial lives by preventing credit reporting agencies from including negative information caused by their exploitation. Under this bill, if a victim can provide documentation from a government agency or a court proving they were a victim of trafficking, credit bureaus must remove adverse items—such as missed payments or debts incurred by traffickers—from their credit reports. This change is intended to ensure that survivors are not unfairly blocked from securing housing, employment, or loans due to financial damage sustained during their period of captivity or abuse.