A bill to amend the Fair Credit Reporting Act to require prompt disclosure by any consumer reporting agency to any consumer of adverse information relating to such consumer which is received by such agency.
Fair Credit Reporting Amendments of 1988 - Amends the Fair Credit Reporting Act to require prompt disclosure by any consumer reporting agency to any consumer of adverse information about such consumer the agency receives.
Directs the Board of Governors of the Federal Reserve System to prescribe regulations defining the term "adverse information" for purposes of such Act.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on Consumer Affairs and Coinage.
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