A bill to amend the Fair Credit Reporting Act to protect consumers from the use of inaccurate credit information and the misuse of credit information.

[AI summary unavailable — showing source text] Amends the Fair Credit Reporting Act (the Act) to make it unlawful for a consumer reporting agency (CRA) to furnish a consumer report other than under specified circumstances. Permits a CRA to furnish such a report to another CRA. Requires that the file of any consumer at a CRA include: (1) the date on which any inquiry was made which involved such consumer; (2) the identity of the person making the inquiry; (3) the nature of the inquiry; and (4) the identity of any person to whom information from the consumer's file at that CRA has been sold or otherwise transferred by any person. Provides that: (1) whenever a CRA reinvestigates the completeness or accuracy of information contained in a consumer's file the CRA shall follow reasonable procedures to assure the completeness and accuracy of such information; and (2) such procedures shall require the CRA to review any relevant information provided by the consumer in the course of conducting the reinvestigation. Requires that reinvestigations of disputed consumer reports be carried out within 30 days. (Specifies that: (1) if the CRA fails to complete the reinvestigation within such period it shall provide a report to the consumer explai…