HR 1002 · 113th Congress 2013–2015, ended

Fair Access to Credit Scores Act of 2013

Fact sheet

Latest action · Mar 6, 2013 Referred to the House Committee on Financial Services.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMar 6, 2013
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Fair Access to Credit Scores Act of 2013 - Amends the Fair Credit Reporting Act to require certain consumer reporting agencies to disclose, without charge, as part of a consumer's free annual disclosure upon request, a current credit score generated using the scoring methodology most frequently used to generate scores sold to creditors, including information regarding other risk scores or predictors in the consumer's file.

Requires the agencies also to furnish such other consumer information as the Consumer Financial Protection Bureau (CFPB) considers appropriate with respect to consumer financial education, including where the consumer's credit score falls with respect to a range of possible credit scores, and the general factors contributing to the credit scores of consumers.

Requires such agencies, upon consumer request for either a credit score or a risk score, to supply any such score in the consumer's file at the agency.

Requires the agencies to maintain credit scores or other risk scores or predictors in the consumer's file for at least one year after the data is generated.

Directs the CFPB to develop regulations establishing a mandatory format for consumer file disclosures.

Cosponsors 15

Members who signed on, in the order they did. Signatures ran from Mar 6, 2013 to Jul 18, 2013, with 7 there on the day it was introduced.

SeatCosponsorSigned on
D-NJAlbio SiresOriginalMar 6, 2013
D-DCEleanor Holmes NortonOriginalMar 6, 2013
D-FLFrederica S. WilsonOriginalMar 6, 2013
D-MIJohn Conyers, Jr.OriginalMar 6, 2013
D-OHMarcy KapturOriginalMar 6, 2013
D-AZRaúl M. GrijalvaOriginalMar 6, 2013
D-MOWm. Lacy ClayOriginalMar 6, 2013
D-WAJim McDermottMar 12, 2013
D-CALinda T. SánchezMar 12, 2013
D-NYYvette D. ClarkeMar 12, 2013
D-NYNita M. LoweyMar 20, 2013
D-INPeter J. ViscloskyMar 20, 2013
D-NYCharles B. RangelApr 9, 2013
D-MEChellie PingreeJul 18, 2013
D-MANiki TsongasJul 18, 2013

Actions 2

Everything that happened, newest first.

  1. Mar 6, 2013Introduced in House
  2. Mar 6, 2013Referred to the House Committee on Financial Services.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 471Fair Access to Credit Scores Act of 2013Identical billMar 6, 2013

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. Mar 6, 2013Introduced in House

Support LegiList

This page is free, carries no paywall, and is built and maintained by one person. If the record here is useful to you, a few dollars keeps it going.

Processed by Stripe in a separate window. LegiList never sees card details.

Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.