CREDIT REPORTING AGENCIES ACT
Synopsis of Bill as introduced:
Creates the Consumer Credit Reporting Agencies Act. Establishes
the duties of credit reporting agencies with respect to the gathering
and distribution of credit information relating to consumers.
Requires credit reporting agencies to allow inspections of files and
requires notices to be given to subjects of credit reports. Sets
forth conditions that must be met before a credit report may be
distributed or disclosed. Establishes consumer rights. Prohibits
certain information from being included in credit reports.
Establishes a consumer's right to information in a credit report.
Requires disclosure of credit scores to consumers. Provides a
mechanism to correct disputed information. Establishes remedies for
Last action on Bill: SESSION SINE DIE
Last action date: JAN-07-2003
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status