Protecting Your Credit Score Act of 2020

Summary

Protecting Your Credit Score Act of 2019 This bill revises provisions related to consumer credit reports and credit reporting agencies. Credit reporting agencies are directed to create a central online portal that allows consumers to (1) access free credit reports and credit scores, (2) dispute errors, and (3) place or lift security freezes. Consumers will receive a free credit score when requesting a free annual credit report. The bill establishes a public registry for credit reporting agencies. The bill also provides the Consumer Financial Protection Bureau (CFPB) with statutory authority for supervising credit reporting agencies. A credit reporting ombudsperson is established at the CFPB, whose responsibilities include resolving persistent errors by credit reporting agencies. A court may award injunctive relief to compel a credit reporting agency to comply with credit report protections. Credit reporting agencies must provide available information to consumers regarding the purpose behind the procurement of a credit report. The bill gives the CFPB the authority to establish data security requirements for credit reporting agencies. The Government Accountability Office must report on the feasibility of credit reporting agencies replacing Social Security numbers as identifiers with another type of federal identification.

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Documents

11 official files

• Received in Senate (text)

  Received in Senate · EN · 30 June 2020

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• Received in Senate (PDF)

  Received in Senate · EN · 30 June 2020

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• Engrossed in House (text)

  Engrossed in House · EN · 29 June 2020

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• Engrossed in House (PDF)

  Engrossed in House · EN · 29 June 2020

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• Passed House

  summary · EN · 29 June 2020

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• Reported in House (text)

  Reported in House · EN · 12 March 2020

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• Reported in House (PDF)

  Reported in House · EN · 12 March 2020

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• Reported to House

  summary · EN · 12 March 2020

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• Introduced in House (text)

  Introduced in House · EN · 6 December 2019

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• Introduced in House (PDF)

  Introduced in House · EN · 6 December 2019

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• Introduced in House

  summary · EN · 6 December 2019

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