A HOUSE BILL INTRODUCED BY US. CONGRESSMAN CANNON OF UTAH TO AMEND THE FAIR CREDIT REPORTING ACT INTRODUCED ON 

SEPTEMBER 14, 1999

THIS IS THE MOST IMPORTANT LEGISLATION TO HIT THE FLOOR OF THE UNITED STATES CONGRESS AND CAPITAL HILL SINCE THE PASSING OF THE AMENDMENT TO THE FAIR CREDIT REPORTING ACT IN 1997. THIS "FAIR CREDIT FULL DISCLOSURE ACT" MUST PASS TO GIVE THE CONSUMER THE RIGHT TO "FIGHT" AN UNFAIR SCORING SYSTEM. WITHOUT PASSAGE THE CONSUMER WILL HAVE TO 

"FIGHT SOMETHING THEY CAN NOT SEE"

              106TH CONGRESS              H.R. 2856

                           1ST SESSION

To amend the Fair Credit Reporting Act to require the disclosure of all

                  information in a consumer's file, including credit scores, risk scores,

                  and any other predictors.

                                                _____________________

                            IN THE HOUSE OF REPRESENTATIVES

                                                                    SEPTEMBER 14, 1999

                  Mr. CANNON introduced the following bill; which was referred to the

                                   Committee on Banking and Financial Services

                                                _____________________

                                    A BILL

                            To amend the Fair Credit Reporting Act to require the

                            disclosure of all information in a consumer's file, includ-

                             ing credit scores, risk scores, and any other predictors.

                    1               Be it enacted by the Senate and House of Representa-

                2     tives of the United States of America in Congress assembled,

                3     SECTION 1. SHORT TITLE.

                4            This Act may be cited as the "Fair Credit Full Dis-

                5     closure Act".

                6     SEC.2. ALL INFORMATION IN CONSUMERS FILE REQUIRED

                    7                               TO BE DISCLOSED.

                    8            Section 609 (a) (1) of the Fair Credit Reporting Act

                9     (15 U.S.C. 1681g (a) (1) ) is amended to read as follows:

                       1                 "(1) All information in the consumer's file at

                       2          the time of the request, including any information

                       3         concerning credit scores or any other risk scores

                       4         or predictors relating to the consumer.".  

                                                                                    o                     

           "TO MAKE A DIFFERENCE, PLEASE CONTACT YOUR US. SENATOR AND US. CONGRESSMAN IN YOUR LOCAL DISTRICT AND TELL THEM TO SUPPORT THIS VERY IMPORTANT AMENDMENT TO THE FAIR CREDIT REPORTING ACT THAT WILL PROTECT THE CONSUMER AND DISCLOSE PUBLICLY THE FAIR ISAAC SCORE TO EACH AND EVERY CONSUMER WHO REQUESTS TO KNOW THEIR SCORE"