S 3518 · 109th Congress · Finance and Financial Sector

A bill to amend the Credit Repair Organizations Act to establish a new disclosure statement.

Introduced 2006-06-15· Sponsored by Sen. Bennett, Robert F. [R-UT]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2006-06-15)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Credit Repair Organizations Act to require the disclosure statement a credit repair organization must provide to any consumer before any contract or agreement is executed to notify the consumer of his or her right to obtain a free copy of his or her credit report once every 12 months from each of the nationwide consumer reporting agencies.…

Summarized by Claude AI · Non-partisan · For informational purposes only