3.0.0 1370 2023-01-15T06:02:43Z 2023-01-15T06:02:43Z Senate S S 2003-07-08 108 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2003-07-08T16:10:26Z 2003-07-10 Senate Star Print ordered on the bill. Floor 2003-07-08 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2003-07-08 Introduced in Senate IntroReferral 10000 9 Library of Congress S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. N A000109 Sen. Allard, Wayne [R-CO] A. ALLARD R CO WAYNE 2003-07-09 False Finance and Financial Sector Commerce Consumer behavior Consumer credit Consumer education Contracts Federal preemption Government Operations and Politics Government paperwork Home equity conversion Housing and Community Development Loan defaults State laws Finance and Financial Sector 00 2003-07-08 Introduced in Senate 2003-09-10T20:37:24Z Requires any person that makes or arranges extensions of consumer credit that are to be secured by a dwelling, and that uses credit scores for that purpose, to provide the consumer with a copy of: (1) the information obtained from a consumer reporting agency or that was developed and used by that user of the credit score information; or (2) a copy of the information provided to the user by a third party that developed the credit score, plus a general description of credit scores, their use, and the sources and kinds of data used to generate credit scores.

Declares void any contract provision that prohibits such mandated disclosures. Exempts from contractual liability any user of a credit score for making such a disclosure.]]>

Consumer Credit Score Disclosure Act of 2003 Display Title Consumer Credit Score Disclosure Act of 2003 Official Title as Introduced A bill to amend the Fair Credit Reporting Act to provide for disclosure of credit-scoring information by creditors and consumer reporting agencies. Introduced in Senate IS Short Titles as Introduced Consumer Credit Score Disclosure Act of 2003 Introduced in Senate 2003-07-08T04:00:00Z 2003-07-10 Star Print ordered on the bill. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.