I 

111TH CONGRESS 

2D SESSION H. R. 4538 

To amend the Fair Credit Reporting Act to require the inclusion of credit 

scores with free annual credit reports provided to consumers, and for 

other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JANUARY 27, 2010 

Mr. COHEN (for himself, Mr. THOMPSON of Mississippi, Mr. GUTIERREZ, Mr. 

NADLER of New York, Mr. BUTTERFIELD, Mr. CARSON of Indiana, Mr. 

CLAY, Mr. DELAHUNT, Mr. DOGGETT, Ms. KAPTUR, Mr. MCDERMOTT, 

Mr. RANGEL, Mr. STARK, Mr. TOWNS, Ms. VELA ́ZQUEZ, and Mr. WATT) 

introduced the following bill; which was referred to the Committee on Financial Services 

A BILL 

To amend the Fair Credit Reporting Act to require the 

inclusion of credit scores with free annual credit reports 

provided to consumers, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Fair Access to Credit 

5 Scores Act of 2010’’. 


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1 SEC. 2. CREDIT SCORES INCLUDED IN FREE ANNUAL DIS2 CLOSURES. 

3 Section 609 of the Fair Credit Reporting Act (15 

4 U.S.C. 1681g) is amended— 

5 (1) in subsection (a)(1), by adding at the end 

6 the following flush sentence: 

7 ‘‘Notwithstanding subparagraph (B), all consumer 

8 reporting agencies described in section 603(p) shall 

9 disclose any information in the consumer’s file at the 

10 time of the request concerning credit scores or any 

11 other risk scores or predictors relating to the con12 sumer if such request is made in connection with a 

13 free annual disclosure made pursuant to section 

14 612(a).’’; and 

15 (2) in subsection (f), by amending paragraph 

16 (6) to read as follows: 

17 ‘‘(6) MAINTENANCE OF CREDIT SCORES.—All 

18 consumer reporting agencies described in section 

19 603(p) shall maintain information in the consumer’s 

20 file concerning credit scores or any other risk scores 

21 or predictors relating to the consumer for a period 

22 of no less than 1 year from the date on which such 

23 information is placed in the consumer’s file.’’. 

24 SEC. 3. BANKRUPTCY RISK SCORE STUDY. 

25 (a) GAO STUDY.—The Comptroller General of the 

26 United States shall carry out a study of bankruptcy risk 


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1 scores used by consumer reporting agencies. Such study 

2 shall include an analysis of— 

3 (1) the factors used to determine bankruptcy 

4 risk scores; 

5 (2) how bankruptcy risk scores impact the abil6 ity of consumers to receive loans; 

7 (3) actions that consumers can take to improve 

8 their bankruptcy risk score; and 

9 (4) such other factors as the Comptroller Gen10 eral determines to be appropriate. 

11 (b) REPORT.—Not later than the end of the 6-month 

12 period beginning on the date of the enactment of this Act, 

13 the Comptroller General shall submit a report to the Con14 gress containing all findings and determinations made in 

15 carrying out the study required under subsection (a). 

16 (c) BANKRUPTCY RISK SCORE DEFINED.—For pur17 poses of this section, the term ‘‘bankruptcy risk score’’ 

18 means a numerical value or a categorization derived from 

19 a statistical tool or modeling system used to predict the 

20 likelihood of whether a consumer will file for bankruptcy. 

Æ 


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