Fair Access to Credit Scores Act of 2021
- Last Action
- 2/3/2021
CRS Summary
As of 2021-02-03 (00)
Fair Access to Credit Scores Act of 2021
This bill requires certain consumer reporting agencies to disclose, upon request, as part of a consumer's free annual disclosure (1) the consumer's current credit score, (2) other information in the consumer's file regarding risk scores or predictors, and (3) any other consumer information the Consumer Financial Protection Bureau considers appropriate with respect to consumer financial education.
Consumer reporting agencies must maintain these scores or predictors in a consumer's file for at least one year after the data is generated.
Subjects
- Consumer credit
- Government information and archives
- User charges and fees
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.