New legislationlast week, u.S. . Sen. Tim scott, r-s.C., and chair of the senate banking committee, introduced legislation targeting expand . Credit access for americans with thin or no credit files.The credit access and inclusion act . Would amend the fair credit reporting act and let the bureaus collect payments data for . Rent, phone, electricity and other recurring obligations.In addition, the act adds that payment plans would .
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Have certain mandates, as language in the bill indicates that “an energy utility firm may . Not report payment information to a consumer reporting china phone number data agency with respect to an outstanding balance . Of a consumer as late,” if consumers are meeting deferred payment agreements or arrearage management . Or debt forgiveness plans.The legislation also directs the comptroller general of the united states to . Submit a report to congress exploring the impact of the furnishing of the aforementioned data .
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On the credit ecosystem within two years of the bill’s passage into law.Recommendedcredit scores, credit . Reporting, financial inclusion, alternative dataalternative data boosts credit access as new legislation emergesreports: trump to . Discuss use high quality network cables tariffs with major retailers in white house meetingcsicsi launches ai-powered aml solution in collaboration . With dataseerscircle, cross-border payments, remittancesreport: circle to unveil new payments and remittance networksee more in: . Alternative data, consumer finances, consumer reporting agencies, consumer spending, credit, credit reports, credit scores, equifax, .
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Experian, financial inclusion, financial services, loans, news, pymnts intelligence, pymnts news, transunionreports: trump talks tariffs . With walmart, target and others in white house meetingby pymnts | april , | president . Donald trump will clean email reportedly meet with major retailers at the white house monday april to . Discuss tariffs.Bloomberg and reuters reported on the meeting monday, citing unnamed sources.One of the retailers . Is home depot, which said it works with administrations from “both sides of the aisle,” .
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According to the bloomberg report.Trump has said in the past that he would be willing . To talk with companies about tariffs, per the report.Reuters said monday that an unnamed white . House official confirmed the bloomberg report and the representatives of major retailers would discuss how . Their businesses have been affected by the tariffs.Walmart said ceo doug mcmillan would be at . The meeting, according to the reuters report.Trump wrote in a sunday april post on truth .