H.R.745 - Fair Access to Credit Scores Act of 2021117th Congress (2021-2022) |
|Sponsor:||Rep. Cohen, Steve [D-TN-9] (Introduced 02/03/2021)|
|Committees:||House - Financial Services|
|Latest Action:||House - 02/03/2021 Referred to the House Committee on Financial Services. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.745 — 117th Congress (2021-2022)All Information (Except Text)
Introduced in House (02/03/2021)
Fair Access to Credit Scores Act of 2021
This bill requires certain consumer reporting agencies to disclose, upon request, as part of a consumer's free annual disclosure (1) the consumer's current credit score, (2) other information in the consumer's file regarding risk scores or predictors, and (3) any other consumer information the Consumer Financial Protection Bureau considers appropriate with respect to consumer financial education.
Consumer reporting agencies must maintain these scores or predictors in a consumer's file for at least one year after the data is generated.