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
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Timeline
Referred to the House Committee on Financial Services.
House of Representatives
Introduced in House
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