This bill amends current law to require consumer reporting agencies to provide consumers with a free credit report three times during any 12-month period upon request. Previously, the law allowed for only one free credit report during that same timeframe. The specific legal language changed includes the deletion of the word "once" and the insertion of "three times during any 12-month period without charge to the consumer" in the relevant section of the law.

Additionally, the bill maintains provisions that allow consumers to receive free disclosures under certain circumstances, such as after receiving a notification of an adverse action or if they certify that they are unemployed or a victim of fraud. The bill is set to take effect immediately upon passage.

Statutes affected:
Introduced: 56:11-37