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New Legislation Reporting Requirements Credit Reports

Orrick, Herrington & Sutcliffe LLP

Maine amends law to ban medical debt reporting to credit bureaus

On June 9, the governor of Maine approved LD 558, which prohibits medical creditors, debt collectors, and debt buyers from reporting consumer medical debt to consumer reporting agencies. The new law replaces previous...more

Orrick, Herrington & Sutcliffe LLP

Consumer reporting amendments limit reportable information in Utah

On March 26, Utah enacted SB 70 (the “Act”), which limits the information consumer reporting agencies are allowed to provide. The Act prohibits consumer reporting agencies from reporting information related to arrests or...more

Snell & Wilmer

The Credit Access and Inclusion Act Aims to Open Up Credit Availability to Low-Income and Minority Consumers

Snell & Wilmer on

On June 25, 2018, the House passed legislation known as the Credit Access and Inclusion Act of 2017, with bipartisan support (H.R. 5078). The bill is intended to allow low-income and minority Americans more access to credit...more

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