Free Credit Scores for Consumers Act of 2019 This bill requires credit reporting agencies to provide free credit scores to consumers with their free annual consumer reports. The bill also provides for automatic free credit scores and consumer reports in specified circumstances. Credit reporting agencies must provide consumers with additional information regarding the calculation of their credit score. Specified lenders must give consumers free copies of any consumer reports and credit scores they used for underwriting before consumers sign the respective loan agreements.
Consumer affairsConsumer creditContracts and agencyCrime victimsFraud offenses and financial crimesHigher educationHousing finance and home ownershipMotor vehiclesPoverty and welfare assistanceStudent aid and college costsUnemployment
Free Credit Scores for Consumers Act of 2019
USA116th CongressHR-3618| House
| Updated: 11/21/2019
Free Credit Scores for Consumers Act of 2019 This bill requires credit reporting agencies to provide free credit scores to consumers with their free annual consumer reports. The bill also provides for automatic free credit scores and consumer reports in specified circumstances. Credit reporting agencies must provide consumers with additional information regarding the calculation of their credit score. Specified lenders must give consumers free copies of any consumer reports and credit scores they used for underwriting before consumers sign the respective loan agreements.
Consumer affairsConsumer creditContracts and agencyCrime victimsFraud offenses and financial crimesHigher educationHousing finance and home ownershipMotor vehiclesPoverty and welfare assistanceStudent aid and college costsUnemployment