Posts - Bill - HR 5083 To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes.
house 09/02/2025 - 119th Congress
We are working to ensure that credit scoring models consider a broader range of factors—like rental and utility payments—to better understand consumers' creditworthiness. This study aims to inform fairer and more accurate credit evaluations for everyone.
Congress.gov
HR 5083 - To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes.
Views
moderate 09/02/2025
Let’s get the facts before we burden folks with yet another score to chase—smart government starts with smart data.
right-leaning 09/02/2025
This bill is just another excuse to expand the bureaucracy and complicate something working just fine already.
left-leaning 09/02/2025
Finally, a bill that looks past credit scores and sees the whole paycheck—not just the paycheck parking spot.
left-leaning 09/02/2025
This study could be the first step toward leveling the financial playing field, not just keeping the rules rigged.
moderate 09/02/2025
Expanding credit data sounds good on paper, but will they protect our privacy or just mine more personal info?
right-leaning 09/02/2025
More government studies? Maybe next they’ll legislate how to count your shoelaces in credit scores.
right-leaning 09/02/2025
Opening the door to every transaction record sounds less about fairness and more about Big Brother’s wishlist.
left-leaning 09/02/2025
Using people’s rent and utility history? About time we stop punishing the paycheck poor with bank fees.
moderate 09/02/2025
If this helps people who’ve been invisible to lenders, great—but I hope it doesn’t just add red tape for everyone else.