Bill · S. 619· Senate(119-S-619)
Credit Freeze for Kids Act
- Introduced
- 2/18/2025
- Last activity
- 2/18/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Maggie Hassan
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, known as the "Credit Freeze for Kids Act," seeks to amend the Fair Credit Reporting Act. It focuses on how security freezes are placed for protected consumers. The legislation changes how consumer reporting agencies handle requests made by a representative. Under this act, agencies must place a freeze within a specific timeframe. These changes are intended to address the placement of security freezes for protected consumers.
Yes· 3 of 7
Does this give people more protection from unfair business practices?+7
The bill strengthens consumer protection by requiring credit reporting agencies to implement security freezes within three business days upon request.
Does this give people more control over their personal data?+6
The bill enhances data privacy by mandating faster implementation of security freezes to protect consumer credit information.
Does this protect people from being watched or searched?+6
The bill bolsters the right to privacy by streamlining the process for representatives to freeze a consumer's credit profile.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Faster Security Freezes: The bill requires a consumer reporting agency to place a security freeze not later than 3 business days after receiving a direct request via toll-free telephone, secure electronic means, or mail (Section 2(a)(i)(I)).
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Efficient Notification Process: When one agency is notified of a request, it must place the requested freeze not later than 3 business days after receiving that notification (Section 2(a)(ii)).
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No Cost to Consumers: The consumer reporting agency is required to place the security freeze free of charge (Section 2(a)(i)).
Potential Negative Impacts for People
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Documentation Requirements: A representative must provide sufficient proof of identification, sufficient proof of authority, and all other necessary documentation to place the freeze (Section 2(a)(A)).
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Delayed Implementation: The changes made by this act do not take effect until 18 months after the date of enactment (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 Children+5Good For People With Disabilities+4Good For Low Income Households+3
- Economy And Finance
- Improves Consumer Protection+7
- Education And Technology
- Improves Data Privacy+6
- Governance And Ideology
- Improves Privacy Rights+6
- Social Issues And Justice
- Improves Poverty Reduction+2
- 2/18/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
John CornynRepublican · Texas