Bill · S. 1465· Senate(119-S-1465)
Credit Access and Inclusion Act of 2025
- Introduced
- 4/10/2025
- Last activity
- 4/10/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Tim Scott
- Cosponsors
- - 4 - 0
- Introduced
- In Committee
What this bill would do
The Credit Access and Inclusion Act of 2025 seeks to amend the Fair Credit Reporting Act. It clarifies federal law regarding the reporting of positive consumer credit information to consumer reporting agencies. Specifically, it allows for the reporting of payment performance related to lease agreements, including those with HUD subsidies. It also permits reporting related to utility or telecommunications service contracts. Additionally, it establishes rules for how energy utility firms report outstanding balances when a consumer is on a payment plan. Finally, the bill requires a GAO report on the impact of these changes.
Yes· 3 of 15
Would households on low incomes be better off under this?+5
It helps build credit through non-traditional sources and protects those on payment plans.
Does this give people more protection from unfair business practices?+5
The bill enhances consumer protection by preventing negative reporting for those on utility payment plans.
Would people in their twenties and thirties be better off under this?+4
Easier credit building through lease and utility reporting benefits young adults building history.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Reporting of Lease Payments: A person or the Secretary of Housing and Urban Development may furnish information regarding the performance of payments under a lease agreement, including those where HUD provides subsidized payments, to a consumer reporting agency (Section 2(a)(2)(A)). This could allow individuals to include their rental payment history in their credit records.
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Reporting of Utility and Telecommunications Payments: Information regarding payments made under contracts for utility or telecommunications services can be furnished to a consumer reporting agency (Section 2(a)(2)(B)). This allows consumers to use these service payments to build credit history.
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Protection During Payment Plans: An energy utility firm cannot report an outstanding balance as late if the consumer has entered into a payment plan, such as a debt forgiveness or arrearage management program, and is meeting those obligations (Section 2(a)(4)). This provides a safeguard for consumers who are actively working to pay off their utility debts.
Potential Negative Impacts for People
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Information Limitations on Utility Usage: Information about utility usage can only be reported to the extent that it relates to the payment of the service or specific terms like deposits, discounts, or conditions for termination (Section 2(a)(3)). This limits the scope of what can be shared regarding the service itself.
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Liability Adjustments: The bill amends the Fair Credit Reporting Act to include subsection (f) within the existing limitation of liability provisions (Section 2(b)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+5Good For Students+4Good For Young Adults+4Good For Immigrants+3Good For Middle Aged+2Good For Middle Class Households+2Good For Seniors+2Good For Retirees+1
- Social Issues And Justice
- Improves Affordable Housing+4Improves Poverty Reduction+3
- Governance And Ideology
- Improves Government Transparency+2Improves Privacy Rights+2Increases Federal Power+2
- Economy And Finance
- Improves Consumer Protection+5
- Education And Technology
- Improves Data Privacy+3
- 4/10/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 4 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Katie BrittRepublican · Alabama
Kevin CramerRepublican · North Dakota
Bernie MorenoRepublican · Ohio
Mike RoundsRepublican · South Dakota