An Act promoting consumer choice regarding the use of credit trigger leads

Summary

The bill adds provisions that prevent consumer reporting agencies from selling a borrower’s loan‑application information to third parties unless the borrower gives consent. It also obligates lenders to provide clear, conspicuous notice of the right to opt‑in and to obtain that consent on the loan application. The goal is to give consumers more control over who sees their loan data.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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