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S. 1370 108th Congress Senate

Consumer Credit Score Disclosure Act of 2003

Official title: A bill to amend the Fair Credit Reporting Act to provide for disclosure of credit-scoring information by creditors and consumer reporting agencies.

Introduced: July 8, 2003 Introduced by: Charles E. Schumer Democratic · New York See on congress.gov
Finance and Financial Sector CommerceConsumer behaviorConsumer creditConsumer education
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) 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
Jul 10, 2003
Star Print ordered on the bill.
Jul 8, 2003
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 8, 2003
Introduced in Senate
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 Latest action July 10, 2003

Star Print ordered on the bill.

 Plain-English summary Congressional Research Service
Consumer Credit Score Disclosure Act of 2003 - Amends the Fair Credit Reporting Act to cite specified consumer credit scoring information that a consumer reporting agency must disclose upon consumer request in connection with an application for an extension of consumer credit secured by a dwelling, including a credit score: (1) derived from a model widely distributed to users of credit scores; or (2) that assists the consumer in understanding the credit scoring assessment of the consumer's credit behavior and predictions about future credit behavior.

Requires any person that makes or arranges extensions of consumer credit that are to be secured by a dwelling, and that uses credit scores for that purpose, to provide the consumer with a copy of: (1) the information obtained from a consumer reporting agency or that was developed and used by that user of the credit score information; or (2) a copy of the information provided to the user by a third party that developed the credit score, plus a general description of credit scores, their use, and the sources and kinds of data used to generate credit scores.

Declares void any contract provision that prohibits such mandated disclosures. Exempts from contractual liability any user of a credit score for making such a disclosure.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 1370: Consumer Credit Score Disclosure Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-S-1370/
MLA
"S. 1370: Consumer Credit Score Disclosure Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-S-1370/.
Bluebook (legal)
S. 1370, 108th Cong. (2026), https://openamerica.io/bill/108-S-1370/.
Markdown link
[S. 1370: Consumer Credit Score Disclosure Act of 2003](https://openamerica.io/bill/108-S-1370/)
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