To amend the Fair Credit Reporting Act to prohibit the creation and sale of trigger leads, and for other purposes.

United States116th CongressHR-5720House of Representatives
Updated: Jan 30, 2020

Summary

This bill prohibits credit reporting agencies from providing a credit report not initiated by a consumer if the report is being provided on the basis that the consumer has had a credit inquiry regarding a home mortgage loan. This practice, known as producing a trigger lead, provides notice to other mortgage lenders that the consumer is seeking a mortgage loan.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

  1. Referred to the House Committee on Financial Services.

    House of Representatives

  2. Introduced in House

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