#aafth ,,congress #b;d ,session ,h4 ,r4 #eccb ,,an ,,act ,to amend the ,fair ,credit ,reporting ,act to ensure that consumer reporting agencies are providing fair and accurate information reporting in consumer reports1 and for other purposes4 #a4 ,short title2 table of contents 7a7 ,short title ,this ,act may be cited as the ,protecting ,your ,credit ,score ,act of #bjbj4 7b7 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title2 table of contents4 ,sec4 #b4 ,establishment of online consumer portal landing page for consumer access to certain credit information4 ,sec4 #c4 ,accuracy in consumer reports4 ,sec4 #d4 ,improved dispute process for consumer reporting agencies4 ,sec4 #e4 ,injunctive relief4 ,sec4 #f4 ,increased transparency4 ,sec4 #g4 ,consumer reporting agency registry4 ,sec4 #h4 ,authority of ,bureau with respect to consumer reporting agencies4 ,sec4 #i4 ,bureau standards for protecting nonpublic information4 ,sec4 #aj4 ,report on data security risk assessments in examinations of consumer reporting agencies4 ,sec4 #aa4 ,,gao study on the use of social security numbers4 #b4 ,establishment of online consumer portal landing page for consumer access to certain credit information 7a7 ,in general ,section #fab7;a77#a7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;j7a77#a77 is amended by adding at the end the following3 7,d7 ,online consumer portal landing page 7i7 ,in general ,not later than #a year after the date of enactment of this subparagraph1 each consumer reporting agency described in section #fjc7p7 shall jointly develop an online consumer portal landing page that gives each consumer unlimited free access to-- 7,i7 the consumer report of the consumer2 7,,ii7 the means by which the consumer may exercise the rights of the consumer under subparagraph 7,e7 and section #fjd7;e72 7,,iii7 the ability to initiate a dispute with the consumer reporting agency regarding the accuracy or completeness of any information in a report in accordance with section #faa7;a7 or #fbc7;a77#h72 7,,iv7 the ability to place and remove a security freeze on a consumer report for free under section #fje;,a7i7 and 7j72 7,v7 if the consumer reporting agency offers a product to consumers to prevent access to the consumer report of the consumer for the purpose of preventing identity theft1 a disclosure to the consumer regarding the differences between that product and a security freeze as defined under section #fje;,a7i7 or 7j72 7,,vi7 information on who has accessed the consumer report of the consumer over the last #bd months1 and1 as available1 for what permissible purpose the consumer report was furnished in accordance with section #fjd and section #fji2 and 7,,vii7 the credit score of the consumer in accordance with section #fji7;f77#g74 7ii7 ,no waiver ,a consumer reporting agency described in section #fjc7p7 may not require a consumer to waive any legal or privacy rights to access-- 7,i7 a portal established under this subparagraph2 or 7,,ii7 any of the services described in clause 7i7 that are provided through a portal established under this subparagraph4 7iii7 ,no advertising or solicitations ,a portal established under this subparagraph may not contain any advertising1 marketing offers1 or other solicitations4 7iv7 ,extension ,the ,bureau may allow the consumer reporting agencies an extension of #a year to develop the online consumer portal landing page required under clause 7i74 7v7 ,rule of construction ,nothing in this subparagraph may be construed as requiring a consumer reporting agency to disclose confidential proprietary information through the online consumer portal landing page4 7,e7 ,opt-out option 7i7 ,in general ,if a consumer reporting agency sells consumer information in a manner that is not included in a consumer report1 the consumer reporting agency shall provide each consumer with a method 7through a website1 by phone1 or in writing7 by which the consumer may elect1 free of charge1 to not have the information of the consumer so sold4 7ii7 ,no expiration ,an election made by a consumer under clause 7i7 shall expire on the date on which the consumer expressly revokes the election through a website1 by phone1 or in writing4 4 7b7 ,conforming amendment ,section #fab7;f77#a7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;j7f77#a77 is amended1 in the matter preceding subparagraph 7,a71 by adding or that is made through the online consumer portal landing page established under subsection 7a77#a77;,d71 after subsections 7a7 through 7d714 #c4 ,accuracy in consumer reports ,section #fjg7;b7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;e7 is amended to read as follows3 7b7 ,ensuring accuracy 7#a7 ,in general ,in preparing a consumer report1 each consumer reporting agency shall follow reasonable procedures to assure maximum possible accuracy of the information concerning the consumer to whom the report relates4 7#b7 ,matching information in a file ,in assuring the maximum possible accuracy under paragraph 7#a71 each consumer reporting agency described in section #fjc7p7 shall ensure that1 when including information in the file of a consumer1 the consumer reporting agency-- 7,a7 matches all #i digits of the social security number of the consumer with the information that the consumer reporting agency is including in the file2 or 7,b7 if a consumer does not have a social security number1 matches information that includes the full legal name1 date of birth1 current address1 and at least one former address of the consumer4 7#c7 ,periodic audits ,each consumer reporting agency shall perform periodic audits1 on a schedule determined by the ,bureau1 on a representative sample of consumer reports of the agency to check for accuracy4 4 #d4 ,improved dispute process for consumer reporting agencies 7a7 ,responsibilities of furnishers of information to consumer reporting agencies ,section #fbc of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afhas-#b7 is amended-- 7#a7 in subsection 7a77#h7-- 7,a7 in subparagraph 7,e77ii71 by inserting and consider after review2 and 7,b7 in subparagraph 7,f7-- 7i7 in clause 7i77,,ii71 by inserting 1 and does not include any new or additional information that would be relevant to a reinvestigation before the period at the end2 and 7ii7 by adding at the end the following new clause3 7iv7 ,new or additional information ,for purposes of clause 7i77,,ii71 the term new or additional information-- 7,i7 means information of a type designated by the ,bureau2 and 7,,ii7 does not include information previously provided to the person4 2 and 7#b7 in subsection 7b77#a71 by inserting and consider after review4 7b7 ,bureau credit reporting ombudsperson ,section #faa7;a7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;i7a77 is amended by adding at the end the following3 7#h7 ,bureau credit reporting ombudsperson 7,a7 ,in general ,not later than #ahj days after the date of enactment of this paragraph1 the ,bureau shall establish the position of credit reporting ombudsperson1 whose specific duties shall include carrying out the ,bureau's responsibilities with respect to-- 7i7 resolving persistent errors that are not resolved in a timely manner by a consumer reporting agency2 and 7ii7 enhancing oversight of consumer reporting agencies by-- 7,i7 advising the ,director of the ,bureau1 in consultation with the ,office of ,enforcement and the ,office of ,supervision of the ,bureau1 on any potential violations of paragraph 7#e7 or any other applicable law by a consumer reporting agency1 including appropriate corrective action for such a violation2 and 7,,ii7 making referrals to the ,office of ,supervision for supervisory action or the ,office of ,enforcement for enforcement action1 as appropriate1 in response to violations of paragraph 7#e7 or any other applicable law by a consumer reporting agency4 7,b7 ,report ,the ombudsperson shall submit to the ,committee on ,financial ,services of the ,house of ,representatives and the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate an annual report including statistics and analysis on consumer complaints the ,bureau receives relating to consumer reports1 as well as a summary of the supervisory actions and enforcement actions taken with respect to consumer reporting agencies during the year covered by the report4 4 7c7 ,responsibilities of consumer reporting agencies ,section #faa of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;i7 is amended-- 7#a7 in subsection 7a7-- 7,a7 in paragraph 7#a71 by adding at the end the following3 7,d7 ,obligations of consumer reporting agencies relating to reinvestigations ,commensurate with the volume and complexity of disputes about which a consumer reporting agency receives notice1 or reasonably anticipates to receive notice1 under this paragraph1 each consumer reporting agency shall-- 7i7 maintain sufficient personnel to conduct reinvestigations of those disputes2 and 7ii7 provide training with respect to the personnel described in clause 7i74 2 7,b7 in paragraph 7#f77;,b7-- 7i7 by amending clause 7ii7 to read as follows3 7ii7 a copy of the consumer's file and a consumer report that is based upon such file as revised1 including a description of the specific modification or deletion of information1 as a result of the reinvestigation2 2 7ii7 by striking clause 7iii7 and redesignating clauses 7iv7 and 7v7 as clauses 7vi7 and 7vii71 respectively2 7iii7 by inserting after clause 7ii7 the following3 7iii7 a description of the actions taken by the consumer reporting agency regarding the dispute2 7iv7 if applicable1 contact information for any furnisher involved in responding to the dispute and a description of the role played by the furnisher in the reinvestigation process2 7v7 the options available to the consumer if the consumer is dissatisfied with the result of the reinvestigation1 including-- 7,i7 submitting documents in support of the dispute2 7,,ii7 adding a consumer statement of dispute to the file of the consumer pursuant to subsection 7b72 7,,iii7 filing a dispute with the furnisher pursuant to section #fbc7;a77#h72 and 7,,iv7 submitting a complaint against the consumer reporting agency or furnishers through the consumer complaint database of the ,bureau or the ,state attorney general for the ,state in which the consumer resides2 2 7,c7 by striking paragraph 7#g7 and redesignating paragraph 7#h7 as paragraph 7#g72 and 7,d7 in paragraph 7#g71 as so redesignated1 by striking paragraphs 7#b71 7#f71 and 7#g7 and inserting paragraphs 7#b7 and 7#f72 and 7#b7 by adding at the end the following new subsection3 7h7 ,notification of deletion of information ,a consumer reporting agency described in section #fjc7p7 shall communicate with other consumer reporting agencies described in section #fjc7p7 to ensure that a dispute initiated with one consumer reporting agency is noted in a file maintained by such other consumer reporting agencies4 4 #e4 ,injunctive relief 7a7 ,in general ,the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha et seq47 is amended-- 7#a7 in section #faf 7#ae ,u4,s4,c4 #afhan7-- 7,a7 in subsection 7a71 by amending the subsection heading to read as follows3 ,damages2 7,b7 by redesignating subsections 7c7 and 7d7 as subsections 7d7 and 7e71 respectively2 and 7,c7 by inserting after subsection 7b7 the following3 7c7 ,injunctive relief 7#a7 ,in general ,in addition to any other remedy under this section1 a court may award injunctive relief to require compliance with the requirements imposed under this title with respect to any consumer4 7#b7 ,attorney's fees ,in the event of any successful action for injunctive relief under this subsection1 a court may award to the prevailing party reasonable attorney's fees 7as determined by the court7 incurred by the prevailing party during the action4 2 and 7#b7 in section #fag 7#ae ,u4,s4,c4 #afhao7-- 7,a7 in subsection 7a71 in the subsection heading1 by striking 7a7 ,in ,general4-- and inserting 7a7 ,damages4--2 7,b7 by redesignating subsection 7b7 as subsection 7c72 and 7,c7 by inserting after subsection 7a7 the following3 7b7 ,injunctive relief 7#a7 ,in general ,in addition to any other remedy under this section1 a court may award injunctive relief to require compliance with the requirements imposed under this title with respect to any consumer4 7#b7 ,attorney's fees ,in the event of any successful action for injunctive relief under this subsection1 a court may award to the prevailing party reasonable attorney's fees 7as determined by the court7 incurred by the prevailing party during the action4 4 7b7 ,enforcement ,section #fae7;h77#h7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afham7h77#h77 is amended-- 7#a7 in subparagraph 7,a71 by striking section and inserting subsection2 and 7#b7 in subparagraph 7,b71 by striking ,this section and inserting ,this subsection4 #f4 ,increased transparency 7a7 ,disclosures to consumers ,section #fji of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;g7 is amended-- 7#a7 in subsection 7a77#c77;,b7-- 7,a7 in clause 7i71 by striking and at the end2 and 7,b7 by striking clause 7ii7 and inserting the following3 7ii7 the address and telephone number of the person2 and 7iii7 the permissible purpose1 as available1 of the person for obtaining the consumer report1 including the specific type of credit product that is extended1 reviewed1 or collected1 as described in section #fjd7;a77#c77;,a74 2 7#b7 in subsection 7f7-- 7,a7 by amending paragraph 7#g77;,a7 to read as follows3 7,a7 supply the consumer with a credit score through the portal established under section #fab7;a77#a77;,d7 or upon request by the consumer1 as applicable1 that-- 7i7 is derived from a credit scoring model that is widely distributed to users by that consumer reporting agency for the purpose of any extension of credit or other transaction designated by the consumer who is requesting the credit score2 or 7ii7 is widely distributed to lenders of common consumer loan products and predicts the future credit behavior of the consumer2 and 2 and 7,b7 in paragraph 7#h71 by inserting 1 except that a credit score shall be provided free of charge to the consumer if requested in connection with a free annual consumer report described in section #fab7;a7 or through the online consumer portal landing page established under section #fab7;a77#a77;,d7 before the period at the end2 and 7#c7 in subsection 7g77#a7-- 7,a7 in subparagraph 7,a77ii7-- 7i7 in the clause heading1 by striking subparagraph 7,d7 and inserting subparagraph 7,c72 and 7ii7 by striking subparagraph 7,d7 and inserting subparagraph 7,c72 7,b7 in subparagraph 7,b77ii71 by striking consistent with subparagraph 7,c72 7,c7 by striking subparagraph 7,c72 and 7,d7 by redesignating subparagraphs 7,d7 through 7,g7 as subparagraphs 7,c7 through 7,f71 respectively4 7b7 ,notification requirements 7#a7 ,adverse information notification 7,a7 ,in general ,the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha et seq47 is amended-- 7i7 in section #fab 7#ae ,u4,s4,c4 #afha;j71 by striking subsection 7b7 and inserting the following3 7b7 ,free ,disclosure ,after ,notice of ,adverse ,action or ,offer of ,credit on ,materially ,less ,favorable ,term ,not later than #cj days after the date on which a consumer reporting agency receives a notification under subsection 7a77#b7 or 7h77#f7 of section #fae1 or from a debt collection agency affiliated with the consumer reporting agency1 the consumer reporting agency shall make to a consumer1 without charge to the consumer1 all disclosures that are made to a user of a consumer report in accordance with the rules prescribed by the ,bureau4 2 and 7ii7 in section #fae7;a7 7#ae ,u4,s4,c4 #afham7a77-- 7,i7 by redesignating paragraphs 7#b71 7#c71 and 7#d7 as paragraphs 7#c71 7#d71 and 7#e71 respectively2 7,,ii7 by inserting after paragraph 7#a7 the following3 7#b7 direct the consumer reporting agency that provided the consumer report that was used in the decision to take the adverse action to provide the consumer with the disclosures described in section #fab7;b72 2 and 7,,iii7 in paragraph 7#e71 as so redesignated-- 7aa7 in the matter preceding subparagraph 7,a71 by striking of the consumer's right2 7bb7 by striking subparagraph 7,a7 and inserting the following3 7,a7 that the consumer shall receive a copy of the consumer report with respect to the consumer1 free of charge1 from the consumer reporting agency that furnished the consumer report2 and 2 and 7cc7 in subparagraph 7,b71 by inserting of the right of the consumer before to dispute4 7,b7 ,conforming amendment ,section #fjd7;b77#b77;,b77i7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;b7b77#b77;,b77i77 is amended by striking section #fae7;a77#c7 and inserting section #fae7;a77#d74 7#b7 ,notification in cases of less favorable terms ,section #fae7;h7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afham7h77 is amended-- 7,a7 in paragraph 7#a71 by striking paragraph 7#f7 and inserting paragraph 7#g72 7,b7 in paragraph 7#b71 by striking paragraph 7#f7 and inserting paragraph 7#g72 7,c7 in paragraph 7#e77;,c71 by striking may obtain and inserting shall receive2 7,d7 by redesignating paragraphs 7#f71 7#g71 and 7#h7 as paragraphs 7#g71 7#h71 and 7#i71 respectively2 and 7,e7 by inserting after paragraph 7#e7 the following3 7#f7 ,reports provided to consumers ,a person who uses a consumer report as described in paragraph 7#a7 shall notify and direct the consumer reporting agency that provided the consumer report to provide the consumer with the disclosures described in section #fab7;b74 4 7#c7 ,notification of subsequent submissions of negative information ,section #fbc7;a77#g77;,a77ii7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afhas-#b7;a77#g77;,a77ii77 is amended by striking with respect to and all that follows through the period at the end and inserting without providing additional notice to the consumer1 unless another person acquires the right to repayment connected to the additional negative information4 ,the acquiring person shall be subject to the requirements of this paragraph and shall be required to send consumers the written notices described in this paragraph1 if applicable44 #g4 ,consumer reporting agency registry ,section #fba of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afhas7 is amended by adding at the end the following3 7h7 ,consumer reporting agency registry 7#a7 ,establishment of registry ,not later than #ahj days after the date of enactment of this subsection1 the ,bureau shall establish a publicly available registry of consumer reporting agencies that includes-- 7,a7 each consumer reporting agency that compiles and maintains files on consumers on a nationwide basis2 7,b7 each nationwide specialty consumer reporting agency2 7,c7 all other consumer reporting agencies that are not included under section #fjc7p7 or #fjc7x72 and 7,d7 links to any relevant websites of a consumer reporting agency described under subparagraphs 7,a7 through 7,c74 7#b7 ,registration requirement ,the ,bureau shall establish a deadline1 which shall be not later than #bgj days after the date of the enactment of this subsection1 by which each consumer reporting agency described in paragraph 7#a7 shall be required to register in the registry established under such paragraph4 4 #h4 ,authority of ,bureau with respect to consumer reporting agencies ,section #ajbd7;a77#a7 of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #eead7;a77#a77 is amended-- 7#a7 in subparagraph 7,d71 by striking or at the end2 7#b7 in subparagraph 7,e71 by striking the period at the end and inserting 2 or2 and 7#c7 by adding at the end the following new subparagraph3 7,f7 is a consumer reporting agency described under section #fjc7p7 of the ,fair ,credit ,reporting ,act4 4 #i4 ,bureau standards for protecting nonpublic information ,title ,v of the ,gramm-,leach-,bliley ,act 7#ae ,u4,s4,c4 #fhja et seq47 is amended-- 7#a7 in section #eja1 by adding at the end the following new subsection3 7c7 ,consumer reporting agency safeguards ,the ,bureau of ,consumer ,financial ,protection shall establish1 by rule1 appropriate standards for consumer reporting agencies described under section #fjc7p7 of the ,fair ,credit ,reporting ,act relating to administrative1 technical1 and physical safeguards to protect records and information as described in paragraphs 7#a7 through 7#c7 of subsection 7b74 2 7#b7 in section #ejd7;a77#a77;,a71 by striking 1 except that the ,bureau of ,consumer ,financial ,protection shall not have authority to prescribe regulations with respect to the standards under section #eja2 and 7#c7 in section #eje7;a77#h71 by inserting 1 other than under subsection 7c7 of section #eja after section #eja4 #aj4 ,report on data security risk assessments in examinations of consumer reporting agencies ,not later than #ij days after the date of the enactment of this ,act1 the ,director of the ,bureau of ,consumer ,financial ,protection shall assess whether examinations conducted by the ,director of consumer reporting agencies described under section #fjc7;f7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;a7f77 include sufficient processes to addresses any data security risks to the consumers of such agencies on which such agencies maintain and compile files4 ,along with the first semiannual report required under section #ajaf7;b7 of the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #edif7;b77 to be submitted after the #ij-;day period after the date of the enactment of this ,act1 the ,director shall submit to ,congress a report containing the results of such assessment that includes-- 7#a7 recommendations for improving the processes to addresses any such data security risks2 and 7#b7 the progress of the ,director on making any improvements described under paragraph 7#a74 #aa4 ,,gao study on the use of social security numbers 7a7 ,study ,the ,comptroller ,general of the ,united ,states shall carry out a study on the feasibility and means of consumer reporting agencies replacing the use of social security numbers as identifiers with another type of ,federal identification4 7b7 ,report ,not later than the end of the #b-year period beginning on the date of the enactment of this ,act1 the ,comptroller ,general shall issue a report to the ,congress containing all findings and determinations made in carrying out the study required under subsection 7a74 ,passed the ,house of ,representatives ,june #bi1 #bjbj4;,clerk4