Credit reports; authorizes consumer to freeze access thereto. (HB607)

Introduced By

Del. Al Eisenberg (D-Arlington)

Description

Freezing access to credit reports. Authorizes any consumer to freeze access to his credit report. If a consumer has placed a freeze on his credit report, a consumer reporting agency is prohibited from releasing the credit report, or any information in it, without the consumers express authorization. The measure provides a means by which a consumer can release his report, permanently, temporarily, or to a specific third party. Certain disclosures are exempt from the freeze. A consumer reporting agency may charge a fee of no more than $5 for establishing a freeze, removing a freeze, or temporarily lifting a freeze; however, victims of identity theft shall not be charged a fee. Violations are a prohibited practice under the Consumer Protection Act. Amends § 59.1-200 (“Prohibited practices.”), § 59.1-444 (“Damages.”), of the Code of Virginia. View Full Text »

Status

01/29/2008: Merged into HB1311
View Bill's History

2 votes