Rhode Island H7762 establishes the Fair Chance in Housing Credit Reports Act to standardize credit report usage in rental applications.
Rhode Island H7762 establishes the Fair Chance in Housing Credit Reports Act, setting standards for landlords using credit reports in rental applications. The act limits credit history consideration to the three years immediately preceding the application. If a landlord denies a rental application based on credit history, they must provide a written notice of denial within 20 days. The Rhode Island Commission for Human Rights can investigate violations, with escalating civil penalties for repeat offenses.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.