House committee approves bill regarding credit reporting accuracy
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Table of Contents
The House Committee on Financial Services has ordered a bill called the Fair Credit Reporting Reseller Accuracy Act to be reported. This means the committee has voted to send the bill forward to the full House of Representatives for potential consideration.
Why it matters: This is a legislative step that changes how consumer data is handled by third-party companies, though it has not yet become law.
Who it affects
- Companies that sell consumer credit data to other businesses
The House Committee on Financial Services via Congress.gov; readers should check the official text before relying on this information.
Agency: House
Source: Congress.gov — read the official document