Consumers Credit Protection Amendments of 1992

[AI summary unavailable — showing source text] Consumers Credit Protection Amendments of 1992 - Amends the Fair Credit Reporting Act to require, when a consumer with a good credit history loses a job due to any recession or the transfer of a job to a foreign country, reporting of the consumer's rating prior to the job loss and a statement that it is reasonable to assume that the consumer's rating would be good or satisfactory but for the loss of employment due to factors beyond the control of the consumer. Prohibits reporting of information more than three years old regarding an account placed for collection if the account is subsequently paid.…