Establishes the "Credit Fairness and Financial Opportunity Act"

Summary

The bill would stop lenders in Missouri from rejecting loan applications solely because of a low credit score. Before a denial, lenders must review income, debt‑to‑income ratio, payment history and any hardship the applicant faced. It also gives borrowers the right to get an explanation, submit more information, and appeal the decision.

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

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