Credit reports; consumer reporting agency's duty to place security freeze thereon. (HB1884)

Introduced By

Del. Sam Nixon (R-Richmond)

Description

Credit reports; security freezes. Provides that a consumer reporting agency's duty to place a security freeze on a consumer's credit report within one business day after receiving such a request, which is scheduled to become effective July 1, 2009, will apply only if the consumer's request is made electronically at an address designated by the consumer reporting agency to receive such requests. For requests not made electronically at such address, the current obligation that the freeze be imposed within three business days after receiving the consumer's request will continue to apply. Amends § 59.1-444.2 (“Security freezes.”), of the Code of Virginia. View Full Text »

Outcome

1 vote