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HR 1176 107th Congress House

Fair Credit Reporting Act Amendments of 2001

Official title: To amend the Fair Credit Reporting Act to protect consumers from the adverse consequences of incomplete and inaccurate consumer credit reports, and for other purposes.

Introduced: June 11, 2002 See on congress.gov
Finance and Financial Sector CommerceCongressCongressional reporting requirementsConsumer complaints
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 10, 2001
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Mar 22, 2001
Referred to the House Committee on Financial Services.
Mar 22, 2001
Introduced in House
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 Latest action April 10, 2001

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Plain-English summary Congressional Research Service
Fair Credit Reporting Act Amendments of 2001 - Amends the Fair Credit Reporting Act (FCRA) to mandate that, upon consumer request, a consumer reporting agency: (1) furnish an annual credit report free of charge; and (2) disclose credit risk scores or other predictors contained in the consumer's file, including the factors and relative weights taken into account, and the extent to which such factors raise or lower the score or predictor. (Currently such scores are exempted from disclosure.)

Prohibits the inclusion of certain small debts in a consumer report under specified circumstances.

Directs the Board of Governors of the Federal Reserve System and the Federal Trade Commission to: (1) monitor and review the extent to which consumer reporting agencies and purveyors of information to such agencies comply with FCRA requirements for the prompt investigation of matters in dispute and the prompt correction of inaccurate or incomplete information, or information that cannot be verified; and (2) present a progress report to Congress.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 2
D
Schakowsky, Janice D.
Illinois · Jun 11, 2002
LAMPSON, NICK
· May 16, 2002
 D
Schiff, Adam B.
California · Jun 19, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1176: Fair Credit Reporting Act Amendments of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1176/
MLA
"H.R. 1176: Fair Credit Reporting Act Amendments of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1176/.
Bluebook (legal)
H.R. 1176, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1176/.
Markdown link
[H.R. 1176: Fair Credit Reporting Act Amendments of 2001](https://openamerica.io/bill/107-HR-1176/)
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