FAIR CREDIT REPORTING ACT

Bills and resolutions

Consumers: amend requirements on information contained in consumer reports (see H.R. 1486), H3400 [12MR]

Credit: make credit scores available to consumers once each year free of charge and allow consumers to see the credit score used in connection with any particular lending or credit decision (see H.R. 2374), H5484 [12MY]

———prohibit use of consumer credit checks against prospective and current employees for the purpose of making adverse employment decisions (see H.R. 3149), H7946 [9JY]

Privacy: establish additional reporting requirements to enhance the detection of identity theft (see H.R. 123), H32 [6JA]

Small business: exclude certain small health care practices from Red Flag Guidelines (see H.R. 2345), H5483 [12MY]

———provide an exclusion from Red Flag Guidelines for certain small businesses (see H.R. 3763), H11165 [8OC]

Remarks in House

Credit: provide forbearance from foreclosures of subprime mortgages in the determination of a consumer credit score, H2990 [5MR], H3423, H3424 [16MR]

Small business: provide an exclusion from Red Flag Guidelines for certain small businesses (H.R. 3763), H11467-H11469 [20OC], E2670 [29OC]

Remarks in Senate

Fair Credit Reporting Act: require reporting agencies to provide free credit reports in certain languages other than English, S5364 [12MY]

Texts of

H.R. 3763, provide an exclusion from Fair Credit Reporting Act Red Flag Guidelines for certain small businesses, H11467 [20OC]