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HR 4120 117th Congress House Finance and Financial Sector

Comprehensive CREDIT Act of 2021

Introduced: June 24, 2021 Introduced by: Pressley, Ayanna Democratic · Massachusetts See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 24, 2021
Referred to the House Committee on Financial Services.
Jun 24, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

Comprehensive Credit Reporting Enhancement, Disclosure, Innovation, and Transparency Act of 2021 or the Comprehensive CREDIT Act of 2021

This bill provides for additional consumer credit protections, sets forth requirements for credit reporting agencies, and prohibits the inclusion of specified information on credit reports.

The bill revises the dispute process for consumers challenging information contained on their credit report, including by establishing an appeals process for disputed credit information. The bill also establishes the right for courts to award injunctive relief to require compliance with consumer credit laws.

Credit reporting agencies must provide (1) free credit scores to consumers along with their free annual credit reports, and (2) additional information regarding the calculation of their credit score.

Furthermore, specified lenders must give consumers free copies of consumer reports or credit scores used for making underwriting decisions before consumers sign the respective loan agreements.

Additionally, the bill generally revises the information included on a credit report, including by limiting the inclusion of certain medical debt.

The bill also expands consumer credit protections applicable to servicemembers and victims of fraud.

What's happening now June 24, 2021

Referred to the House Committee on Financial Services.

 Related & companion bills 7
  • HR 3439 Related bill Fair Credit Reporting for Servicemembers Act
  • HR 4078 Related bill Free Credit Scores for Consumers Act of 2021
  • HR 4112 Related bill Clarity in Credit Score Formation Act of 2021
  • HR 4113 Related bill Improving Credit Reporting for All Consumers Act
  • HR 4115 Related bill Restoring Unfairly Impaired Credit and Protecting Consumers Act
  • HR 4119 Related bill Student Borrower Credit Improvement Act
  • HR 4144 Related bill Restricting Credit Checks for Employment Decisions Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Huffman, Jared
California · Sep 13, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4120: Comprehensive CREDIT Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-4120/
MLA
"H.R. 4120: Comprehensive CREDIT Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-4120/.
Bluebook (legal)
H.R. 4120, 117th Cong. (2026), https://openamerica.io/bill/117-HR-4120/.
Markdown link
[H.R. 4120: Comprehensive CREDIT Act of 2021](https://openamerica.io/bill/117-HR-4120/)
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