Washington Report

Advocacy Updates from Washington D.C.

NAR Supports Group of Credit Reporting Clarity Bills

NAR sent a letter to the Chairwoman Maxine Waters in support of multiples bills that were marked up by the House Financial services committee on July 16, 2019. The bills provide access to free credit scores, consistent help for borrowers in distress, and the ability to remedy errors in credit reports among other factors. The bills include:

  • H.R. 3618, the “Free Credit Scores for Consumers Act of 2019”
  • H.R. 3621, the “Student Borrower Credit Improvement Act”
  • H.R. 3622, the “Restoring Unfairly Impaired Credit and Protecting Consumers Act”
  • Representative Adam’s “Improving Credit Reporting for All Consumers Act”
  • Representative Lynch’s “Clarity in Credit Score Formation Act of 2019”

Read NAR's Letter to Representative Waters