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A bill to enhance consumer rights relating to consumer report disputes by requiring provision of documentation provided by consumers.

USA115th CongressS-314| Senate 
| Updated: 2/6/2017
Amy Klobuchar

Amy Klobuchar

Democratic Senator

Minnesota

Cosponsors (1)
Steve Daines (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
FIX Credit Reporting Errors Act or the FIX Act This bill amends the Fair Credit Reporting Act with respect to the procedures followed by consumer reporting agencies when a consumer disputes the completeness or accuracy of information contained in the consumer's credit report. Consumer reporting agencies are required to: (1) include all documentation provided by the consumer in the dispute notification furnished to any person who provided disputed information, and (2) consider such consumer documentation when conducting reinvestigations of disputed information. A consumer reporting agency that operates as reseller is required to convey the notice of the dispute, together with all relevant information and documentation provided by the consumer, to each consumer reporting agency that provided the reseller with the information that is the subject of the dispute.
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Timeline
Feb 6, 2017
Introduced in Senate
Feb 6, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • February 6, 2017
    Introduced in Senate


  • February 6, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Consumer credit

A bill to enhance consumer rights relating to consumer report disputes by requiring provision of documentation provided by consumers.

USA115th CongressS-314| Senate 
| Updated: 2/6/2017
FIX Credit Reporting Errors Act or the FIX Act This bill amends the Fair Credit Reporting Act with respect to the procedures followed by consumer reporting agencies when a consumer disputes the completeness or accuracy of information contained in the consumer's credit report. Consumer reporting agencies are required to: (1) include all documentation provided by the consumer in the dispute notification furnished to any person who provided disputed information, and (2) consider such consumer documentation when conducting reinvestigations of disputed information. A consumer reporting agency that operates as reseller is required to convey the notice of the dispute, together with all relevant information and documentation provided by the consumer, to each consumer reporting agency that provided the reseller with the information that is the subject of the dispute.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 6, 2017
Introduced in Senate
Feb 6, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • February 6, 2017
    Introduced in Senate


  • February 6, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Amy Klobuchar

Amy Klobuchar

Democratic Senator

Minnesota

Cosponsors (1)
Steve Daines (Republican)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Consumer credit