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house Bill H.R. 3621

House Democrats’ Credit Score Reporting Reforms

Argument in favor

This package of reforms to the credit reporting process would help protect consumers from having their employment or lending prospects impaired.

burrkitty's Opinion
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01/29/2020
When people are rejected from jobs they need due to “bad” credit, that’s exacerbating their struggle. The idea that a potential employer can get at your private financial situation is a absurd invasion of privacy. It’s NONE of their business. If you aren’t running for public office, it’s not anybody’s business.
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jimK's Opinion
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01/29/2020
I get access to 3 credit agency reports on a monthly basis. I find it interesting that they list different things in their reports and cite as negative factors debts that were discharged years ago, with no late payments or negative factors. Some consider it bad that I am not using more of the credit available to me. Some do not. I started the process of challenging the basis of some of the reported negative factors but it all got more involved than I cared to deal with. The ratings are not bad and, at this point in my life, I really do not care. However, in my younger days irregularities in my credit reports or having unknown factors that could effect my credit rating could have had very negative consequences, and may have had consequences that hurt me financially at the time. I whole heartedly support this legislation to keep our citizens protected from practices that can unfairly limit their opportunity toward their personal ‘pursuit of happiness’ in the manner our founders envisioned.
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Michael's Opinion
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01/29/2020
People shouldn’t be penalized for participating faithfully in a system designed to shackle them with debt.
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Argument opposed

Combining six partisan bills into one massive partisan bill is a poor way to make policy and all but guarantees that this package won’t become law.

Jacqueline's Opinion
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01/29/2020
your credit score does not determine how well you do a job
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Just.Dave's Opinion
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01/29/2020
Some of the components, I say yes, others no. To lump it all together I say hell no. Addendum: I can check my credit score every week for free with Nerd Wallet... and Nerd Wallet is free.
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JTJ's Opinion
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01/29/2020
There are a couple good ideas here, but as a whole I don’t agree with this.
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    When people are rejected from jobs they need due to “bad” credit, that’s exacerbating their struggle. The idea that a potential employer can get at your private financial situation is a absurd invasion of privacy. It’s NONE of their business. If you aren’t running for public office, it’s not anybody’s business.
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    your credit score does not determine how well you do a job
    Like (45)
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    I get access to 3 credit agency reports on a monthly basis. I find it interesting that they list different things in their reports and cite as negative factors debts that were discharged years ago, with no late payments or negative factors. Some consider it bad that I am not using more of the credit available to me. Some do not. I started the process of challenging the basis of some of the reported negative factors but it all got more involved than I cared to deal with. The ratings are not bad and, at this point in my life, I really do not care. However, in my younger days irregularities in my credit reports or having unknown factors that could effect my credit rating could have had very negative consequences, and may have had consequences that hurt me financially at the time. I whole heartedly support this legislation to keep our citizens protected from practices that can unfairly limit their opportunity toward their personal ‘pursuit of happiness’ in the manner our founders envisioned.
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    People shouldn’t be penalized for participating faithfully in a system designed to shackle them with debt.
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    Protecting employment from credit reporting helps people repay what they owe! If they can’t work they can’t pay debts owed!
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    The banks are out of control!
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    The idea that a potential employer can see an applicant’s creditworthiness is absurd. It could potentially bar people from income they could then put towards their debt. We need to protect people (to the best of our ability) from being punished for living in an unjust system. Having poor credit doesn’t make someone untrustworthy or a bad worker.
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    Many aspects of society today combine to prevent people from improving their economic fortunes. These barriers are literally creating a cast system. One problem with the bill is that although it bars consumer credit reports from being given to potential employers. It does not prevent the employers from making a requirement of signing a release to the employer in order to apply for a job. In other words no signed release no application accepted. To much power over the working class is placed in the hands of the corporations and wealthy. We have become serfs.
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    These financial institutions were the reason 2008 is so memorable. Stop them from screwing more people over so they can benefit. Unless it’s a high security job, someone’s debit isn’t really an employers business or need to know.
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    Some of the components, I say yes, others no. To lump it all together I say hell no. Addendum: I can check my credit score every week for free with Nerd Wallet... and Nerd Wallet is free.
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    Yes, this helps all consumers from being attacked by employers
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    Whatever it takes to get Americans a better chance of achieving life, liberty and the pursuit of happiness sans being chained to three numbers - credit scores.
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    Republicans always want to make life harder for the struggling working class and hold them to impossible standards, while Republicans can commit crime after crime and get all the breaks while they amass more and more wealth by breaking laws and stealing every penny from us. We get poorer everyday, and the Republicans become President so they can make our lives even harder. They scream about the poor getting 10.00 in food stamps, while they rob us of billions and think nothing of it.
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    The reforms are a start. We need gender equality in credit scoring!
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    This reform to the credit reporting process would help protect consumers from having their employment or lending prospects impaired. If they cannot work they cannot pay off debt.
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    Vote YES. The worst thing Republicans can say about this badly needed consumer protection bill is that it’s too “big.” Seriously?!? That’s as pathetic as their “imminent threat” and “weapons of mass destruction” lies.
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    I totally agree that employers should not have the right to check credit scores unless the job involves high security clearance. I also think it is wrong not to show all history. Many people have good or excellent credit before the housing crisis and had to rebuild. The way it currently works you can’t see that a person had a high score for years until the crash. Too much emphasis is on money these days, including those that think as long as the stock market is high every one must be doing great economically.
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    My representative voted against this bill. I am disappointed but not surprised. My representative usually vote against this constituents interests. I am watching closely
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    Absolutely. This is needed!
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    Protect people from the overwhelming influence banks have
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