3.0.0 4120 2023-03-08T19:58:39Z 2023-03-08T19:58:39Z House HR 2021-06-24 117 [Congressional Record Volume 167, Number 110 (Thursday, June 24, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. PRESSLEY:H.R. 4120.Congress has the power to enact this legislation pursuantto the following:Article 1 Section 8 of the United States Constitution[Page H3134]]]> hsba00 Financial Services Committee House Standing Referred to 2021-06-24T14:03:20Z Fair Credit Reporting for Servicemembers Act 117 3439 HR 2021-05-20 Referred to the House Committee on Financial Services. Related bill CRS Free Credit Scores for Consumers Act of 2021 117 4078 HR 2021-06-23 Referred to the House Committee on Financial Services. Related bill CRS Clarity in Credit Score Formation Act of 2021 117 4112 HR 2021-06-24 Referred to the House Committee on Financial Services. Related bill CRS Improving Credit Reporting for All Consumers Act 117 4113 HR 2021-06-24 Referred to the House Committee on Financial Services. Related bill CRS Restoring Unfairly Impaired Credit and Protecting Consumers Act 117 4115 HR 2021-06-24 Referred to the House Committee on Financial Services. Related bill CRS Student Borrower Credit Improvement Act 117 4119 HR 2021-06-24 Referred to the House Committee on Financial Services. Related bill CRS Restricting Credit Checks for Employment Decisions Act 117 4144 HR 2021-06-24 Referred to the House Committee on Financial Services. Related bill CRS 2021-06-24 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2021-06-24 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-06-24 Introduced in House IntroReferral 1000 9 Library of Congress P000617 Rep. Pressley, Ayanna [D-MA-7] Ayanna Pressley D MA 7 N H001068 Rep. Huffman, Jared [D-CA-2] Jared Huffman D CA 2 2022-09-13 False Finance and Financial Sector Finance and Financial Sector 00 2021-06-24 Introduced in House 2021-11-22T18:46:27Z Comprehensive Credit Reporting Enhancement, Disclosure, Innovation, and Transparency Act of 2021 or the Comprehensive CREDIT Act of 2021

This bill provides for additional consumer credit protections, sets forth requirements for credit reporting agencies, and prohibits the inclusion of specified information on credit reports.

The bill revises the dispute process for consumers challenging information contained on their credit report, including by establishing an appeals process for disputed credit information. The bill also establishes the right for courts to award injunctive relief to require compliance with consumer credit laws.

Credit reporting agencies must provide (1) free credit scores to consumers along with their free annual credit reports, and (2) additional information regarding the calculation of their credit score.

Furthermore, specified lenders must give consumers free copies of consumer reports or credit scores used for making underwriting decisions before consumers sign the respective loan agreements.

Additionally, the bill generally revises the information included on a credit report, including by limiting the inclusion of certain medical debt.

The bill also expands consumer credit protections applicable to servicemembers and victims of fraud.

]]> Comprehensive CREDIT Act of 2021 Official Title as Introduced To amend the Fair Credit Reporting Act to provide comprehensive reforms to the consumer credit reporting laws, and for other purposes. Introduced in House IH Display Title Comprehensive CREDIT Act of 2021 Short Title(s) as Introduced Comprehensive CREDIT Act of 2021 Introduced in House IH Short Title(s) as Introduced Comprehensive Credit Reporting Enhancement, Disclosure, Innovation, and Transparency Act of 2021 Introduced in House IH Introduced in House 2021-06-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr4120ih/xml/BILLS-117hr4120ih.xml 2021-06-24 Referred to the House Committee on Financial Services. 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.