3.0.0 1816 2023-01-11T13:38:35Z 2023-01-11T13:38:35Z Senate S 2017-09-14 115 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Hearings by 2017-10-17T14:00:36Z Referred to 2017-09-14T20:37:30Z Free Credit Freeze Act 115 3878 HR 2017-09-28 Referred to the House Committee on Financial Services. Related bill CRS Free Credit Freeze Act 115 1810 S 2017-09-14 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Comprehensive Consumer Credit Reporting Reform Act of 2017 115 3755 HR 2017-09-13 Referred to the House Committee on Financial Services. Related bill CRS 2017-10-17 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-132. Committee 2017-09-14 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2017-09-14 Introduced in Senate IntroReferral 10000 9 Library of Congress W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. N S001194 Sen. Schatz, Brian [D-HI] Brian Schatz D HI 2017-09-14 True M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2017-09-14 True V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2017-09-14 True G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2017-09-14 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2017-09-14 True M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. 2017-09-14 True S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2017-09-14 True W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2017-09-14 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2017-09-14 True M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2017-09-14 True F000457 Sen. Franken, Al [D-MN] Al Franken D MN 2017-09-14 True B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2017-09-18 False W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2017-09-25 False S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2017-09-27 False F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2017-09-28 False K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2017-10-02 False S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2017-10-02 False C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2017-12-05 False Finance and Financial Sector Computer security and identity theft Consumer credit Fraud offenses and financial crimes Marketing and advertising Finance and Financial Sector 00 2017-09-14 Introduced in Senate 2017-11-03T20:59:52Z Freedom from Equifax Exploitation Act

This bill amends the Fair Credit Reporting Act to revise fraud alert provisions required of consumer reporting agencies. A fraud alert must be placed in a consumer's file upon request if the consumer suspects harm from an unauthorized disclosure. The time period for fraud alerts is extended from 90 days to 1 year. The bill also revises provisions relating to 7-year renewable fraud alerts in cases of identity theft.

The bill establishes a credit freeze process. A consumer reporting agency must place a free credit freeze on the consumer's file upon a consumer's request, prohibiting a consumer reporting agency from releasing any credit information without the consumer's permission. Consumer reporting agencies must provide procedures for temporarily and permanently lifting the freeze at no charge to the consumer. Consumers are allowed a free credit report when requesting a credit freeze. While the file is subject to a freeze, a consumer reporting agency is prohibited from including the consumer in lists provided to third parties for credit or insurance offers.

A consumer reporting agency must provide on the Internet policies and procedures for consumers to: (1) place, temporarily lift, or fully remove a credit freeze; and (2) make required statements for fraud alerts or credit freezes.

The bill requires consumer reporting agencies to issue a refund of fees to any consumer who requested a credit freeze beginning September 7, 2017, through the day before enactment of this bill.

]]> Freedom from Equifax Exploitation Act Display Title Freedom from Equifax Exploitation Act Short Titles as Introduced Freedom from Equifax Exploitation Act Official Title as Introduced A bill to amend the Fair Credit Reporting Act to enhance fraud alert procedures and provide free access to credit freezes, and for other purposes. Introduced in Senate 2017-09-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s1816is/xml/BILLS-115s1816is.xml 2017-10-17 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-132. 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.