H.R. 3642: Improving Credit Reporting for All Consumers Act

116th Congress

To amend the Fair Credit Reporting Act to fix the consumer report dispute process, to ban misleading and unfair consumer reporting practices, and for other purposes.

Sponsor: Rep. Alma Adams — D — NC

Requires consumer reporting agencies (CRAs) to follow new processes to resolve credit disputes; requires the Consumer Financial Protection Bureau (CFPB) to issue final rules and establish and maintain a publicly available registry of CRAs; imposes intergovernmental and private-sector mandates on CRAs and other providers of consumer information; expands the authority of the Federal Trade Commission (FTC) to prosecute some crimes.

View the full vote history of this bill on GovTrack.us.