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Code · BILL · 114th Congress · H.R. 5282 (Introduced in House) — To amend the Fair Credit Reporting Act to improve the consumer reporting system, and for other purposes. · Sec. 703

Sec. 703. Ends excessive direct-to-consumer sales by giving the Bureau authority to set fair and reasonable fees on consumer reporting and credit scoring products and services sold by consumer reporting agencies to consumers

109 words·~1 min read·/bill/114/hr/5282/ih/section-703·

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The Fair Credit Reporting Act ( 15 U.S.C. 1681 et seq. ), as amended by section 706, is further amended— by adding at the end the following new section: The Bureau may, with respect to any product or service offered by a consumer reporting agency to a consumer, set a fair and reasonable maximum fee that may be charged for such product or service, except where such maximum fee is otherwise provided under this title. ; and in the table of contents for such Act, as amended by section 706, by adding at the end the following new item: 635. Fair and reasonable fees for products and services. .
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Sec. 703
Ends excessive direct-to-consumer sales by giving the Bureau authority to set fair and reasonable fees on consumer reporting and credit scoring products and services sold by consumer reporting agencies to consumers
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