Credit Scores/Reporting

CFA Calls on Congress Members to Support the Comprehensive Consumer Credit Reporting Reform Act of 2016

Consumer Federation America, alongside a group of consumer, civil rights, labor, and community organizations, is calling on members of the House of Representatives to support and co-sponsor the Comprehensive Consumer Credit Reporting Reform Act of 2016. Credit reports and credit scores play a critical role in the economic lives of Americans.  They are the gatekeeper for affordable credit, insurance, rental housing, and sometimes unfortunately even a job.  Yet they suffer from unacceptable rates of inaccuracy.  This bill would single-handedly enact a sea change that would make the American credit reporting system more accurate and fair to consumers.