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Code · BILL · 113th Congress · S. 2224 (Introduced in Senate) — To enhance the accuracy of credit reporting and provide greater rights to consumers who dispute errors in their credi... · Sec. 4

Sec. 4. Regulatory reform

134 words·~1 min read·/bill/113/s/2224/is/section-4

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Section 621 of the Federal Credit Reporting Act ( 15 U.S.C. 1681s ) is amended by adding at the end the following: Not later than 180 days after the date of enactment of the Stop Errors in Credit Use and Reporting Act , the Bureau shall establish 3 publicly available registries of consumer reporting agencies, including— a registry of nationwide consumer reporting agencies as described in section 603(p); a registry of nationwide specialty consumer reporting agencies as defined in section 603(x); and a registry of all other consumer reporting agencies included under subsection 603(f) that are not included under section 603(p) or 603(x).
All consumer reporting agencies as defined in section 603(f) must register with one of the registries established by the Bureau under this subsection in a timeframe established by the Bureau. .
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Sec. 4
Regulatory reform
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