Credit Access and Inclusion Act of 2025 amends the Fair Credit Reporting Act to allow reporting of positive payment information for utility and.
The Credit Access and Inclusion Act of 2025 amends the Fair Credit Reporting Act to allow the reporting of positive payment information for utility and telecommunication services to consumer reporting agencies. This includes information on consumers' performance in making payments under lease agreements or utility and telecommunication service contracts. Energy utility firms are prohibited from reporting payment information as late if the consumer is meeting the obligations of a payment plan. The Act also mandates a study by the Comptroller General on the impact of this reporting on consumers.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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