II 

113TH CONGRESS 

1ST SESSION S. 471 

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 SENATE OF THE UNITED STATES 

MARCH 6, 2013 

Mr. SANDERS (for himself, Mrs. BOXER, Mrs. FEINSTEIN, Mr. MENENDEZ, 

and Mr. LAUTENBERG) introduced the following bill; which was read 

twice and referred to the Committee on Banking, Housing, and Urban 

Affairs 

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 2013’’. 


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

3 (a) IN GENERAL.—Section 609 of the Fair Credit 

4 Reporting Act (15 U.S.C. 1681g) is amended— 

5 (1) in subsection (a)(1)— 

6 (A) by striking ‘‘and’’ at the end and in7 serting a period; 

8 (B) by striking ‘‘except that—’’ and all 

9 that follows through ‘‘(A) if the’’ and inserting 

10 ‘‘except that, if the’’; and 

11 (C) by striking subparagraph (B); 

12 (2) in subsection (a), by adding at the end the 

13 following: 

14 ‘‘(7) All consumer reporting agencies described 

15 in section 603(p) shall disclose a current credit score 

16 generated using the scoring algorithm, formula, 

17 model, program or mechanism that is most fre18 quently used to generate scores sold to creditors, 

19 subject to regulations of the Bureau, along with any 

20 information in the consumer’s file at the time of the 

21 request concerning credit scores or any other risk 

22 scores or predictors relating to the consumer, if such 

23 request is made in connection with a free annual dis24 closure made pursuant to section 612(a). 

25 ‘‘(8) Such other consumer information as the 

26 Bureau considers appropriate with respect to conVerDate Mar 15 2010 00:25 Mar 08, 2013 Jkt 029200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S471.IS S471

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1 sumer financial education, including the information 

2 required by subsection (f)(1), information on where 

3 the credit score of the consumer falls with respect to 

4 a range of possible credit scores, and the general 

5 factors contributing to the credit scores of con6 sumers.’’; and 

7 (3) in subsection (f)— 

8 (A) by striking ‘‘Upon the request’’ and all 

9 that follows through subparagraph (A) and in10 serting the following: 

11 ‘‘(1) IN GENERAL.—Upon request of a con12 sumer for a credit score or a risk score, a consumer 

13 reporting agency shall supply to the consumer— 

14 ‘‘(A) any credit score or risk score in the 

15 file of the consumer at the consumer reporting 

16 agency;’’; 

17 (B) in paragraph (2)— 

18 (i) by redesignating subparagraph (B) 

19 as subparagraph (C); and 

20 (ii) by striking subparagraph (A) and 

21 inserting the following: 

22 ‘‘(A) CREDIT SCORE.—The term ‘credit 

23 score’ means a numerical value or a categoriza24 tion derived from a statistical tool or modeling 

25 system used by a person who makes or arVerDate Mar 15 2010 00:25 Mar 08, 2013 Jkt 029200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\S471.IS S471

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1 ranges a loan to predict the likelihood of certain 

2 credit behaviors, including default. 

3 ‘‘(B) RISK SCORE.—The term ‘risk score’ 

4 means a numerical value or a categorization de5 rived from a statistical tool or modeling system 

6 based upon information from a consumer report 

7 for the purpose of predicting the likelihood of 

8 certain behaviors or outcomes, and includes 

9 scores used for the underwriting of insurance.’’; 

10 (C) by striking paragraph (6) and insert11 ing the following: 

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

13 consumer reporting agencies shall maintain in the 

14 consumer’s file credit scores or any other risk scores 

15 or predictors relating to the consumer for a period 

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

17 information is generated.’’; 

18 (D) by striking paragraph (7); and 

19 (E) in paragraph (8), by inserting before 

20 the period at the end the following: ‘‘, except 

21 that a consumer reporting agency described in 

22 section 603(p) shall provide a credit score with23 out charge to the consumer if the consumer is 

24 requesting the score in connection with a free 


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1 annual disclosure made pursuant to section 

2 612(a)’’. 

3 (b) INCLUSION IN FREE REPORTS.—Section 612 of 

4 the Fair Credit Reporting Act (15 U.S.C. 1681j) is 

5 amended— 

6 (1) in subsection (a)(1)(A), by striking ‘‘(w)’’ 

7 and inserting ‘‘(x)’’; and 

8 (2) in subsection (g)— 

9 (A) in paragraph (1)— 

10 (i) by striking ‘‘free credit report’’ 

11 and inserting ‘‘free or low cost credit re12 port or credit score’’; and 

13 (ii) by inserting ‘‘and free credit 

14 scores’’ after ‘‘free credit reports’’; and 

15 (B) in paragraph (2)— 

16 (i) by striking ‘‘televison’’ and insert17 ing ‘‘television’’; and 

18 (ii) by inserting ‘‘or free credit score, 

19 as applicable,’’ after ‘‘free credit report’’. 

20 (c) TECHNICAL CORRECTIONS.—The Fair Credit Re21 porting Act (15 U.S.C. 1681a et seq.) is amended— 

22 (1) in section 603(d)(2)(D) (15 U.S.C. 

23 1681a(d)(2)(D)), by striking ‘‘subsection (o) or (x)’’ 

24 and inserting with ‘‘subsection (o) or (y)’’; 


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1 (2) in section 603(i)(1)(C) (15 U.S.C. 

2 1681a(i)(1)(C)), by striking the period at the end 

3 and inserting ‘‘; and’’; 

4 (3) in section 609(c)(1) (15 U.S.C. 

5 1681g(c)(1))— 

6 (A) in the paragraph heading, by striking 

7 ‘‘COMMISSION’’ and inserting ‘‘BUREAU’’; 

8 (B) in subparagraph (A), by striking 

9 ‘‘Commission’’ and inserting ‘‘Bureau’’; 

10 (C) in subparagraph (B)(vi), by striking 

11 ‘‘section 603(w)’’ and inserting ‘‘section 

12 603(x)’’; and 

13 (D) in subparagraph (C), by striking 

14 ‘‘Commission’’ and inserting ‘‘Bureau’’; and 

15 (4) in section 612(a)(1) (15 U.S.C. 

16 1681j(a)(1))— 

17 (A) in subparagraph (A), by striking ‘‘sub18 sections (p) and (w)’’ and inserting ‘‘sub19 sections (p) and (x)’’; 

20 (B) in subparagraph (C)(i)— 

21 (i) by striking ‘‘Commission’’ and in22 serting ‘‘Bureau’’; and 

23 (ii) by striking ‘‘section 603(w)’’ and 

24 inserting ‘‘section 603(x)’’; 


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1 (C) in subparagraph (C)(iii), by striking 

2 ‘‘Commission’’ and inserting ‘‘Bureau’’; and 

3 (D) in subparagraph (C)(iv), by striking 

4 ‘‘section 603(w)’’ and inserting ‘‘section 

5 603(x)’’. 

6 SEC. 3. RULEMAKING. 

7 Not later than 180 days after the date of enactment 

8 of this Act, the Bureau of Consumer Financial Protection 

9 shall develop regulations establishing a mandatory disclo10 sure format for consumer file disclosures pursuant to sec11 tion 612(a)(1)(B) of the Fair Credit Reporting Act (15 

12 U.S.C. 1681j(a)(1)(B)). 

13 SEC. 4. TECHNICAL CORRECTION. 

14 Section 615(h)(8)(A) of the Fair Credit Reporting 

15 Act (15 U.S.C. 1681m(h)(8)(A)) is amended by striking 

16 ‘‘this section’’ and inserting ‘‘this subsection’’. 

Æ 


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