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Credit Reform Accounting

This reference material is provided to assist credit agencies in complying with the Credit Reform Act of 1990 (P.L. 101-508).


The Federal Credit Reform Act of 1990 was enacted to accomplish four objectives:

  • measure more accurately the costs of Federal credit programs;
  • place the cost of credit programs on a budgetary basis equivalent to other Federal spending;
  • encourage the delivery of benefits in the form most appropriate to the needs of beneficiaries; and
  • improve the allocation of resources among credit programs and between credit and other spending programs.

Credit Reform Case Studies

Guide for Basic Accounting and Reporting for Direct Loan Programs without Collateral in Federal Credit Programs.

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Last modified 08/27/19