House Passes Tlaib’s Bill to Remove Credit Barriers from Economic Opportunities for Residents

Jan 29, 2020

WASHINGTON, D.C. – Today, the House of Representative voted to pass legislation put forth by Congresswoman Rashida Tlaib (MI-13) that includes multiple provisions to remove credit barriers that millions of Americans face.

The Restoring Unfairly Impaired Credit & Protecting Consumers Act (H.R. 3622), a bill within the Comprehensive CREDIT Act (H.R. 3621), comes at a time when many Americans across the country are faced with mounting medical debt, dealing with predatory lenders and fraudulent activity, and prevented from accessing credit due to their credit reports containing older debt, providing little to no insight of credit worthiness. 

To help address these issues, H.R. 3622 will, among other things:

  • Shorten the length of time that adverse, negative information stays on a credit report from seven years to four years
  • Prohibit debt from medically necessary procedures from being included on credit reports
  • Extend the time period before all other medical debt may be reported from 180 days to 365 days
  • Require credit reporting agencies to remove negative information resulting from predatory loans and fraudulent activity
  • Give survivors of domestic and financial abuse a pathway to get negative information resulting from abuse removed from their credit reports

“The use of credit reports has expanded and is now more than ever a huge barrier to economic opportunities. Americans should not be held back from basic needs that improve quality of life, like employment, housing, or transportation, because of medical debt. Our neighbors should not have to go without necessities because they fell victim to fraudulent activity or predatory lenders. Survivors of financial and domestic abuse do not deserve to have debt resulting from that abuse on their credit report. This bill is about fairness, opportunity, and justice, and I am so proud that it is now heading to the Senate,” said Rep. Rashida Tlaib.

The House voted to send H.R. 3622 within H.R. 3621 to the Senate with a vote of 221-189. This bill passage is just the latest in Rep. Tlaib’s actions to ensure that the everyday needs of her constituents are addressed today and well into the future.

The bill text of H.R. 3622 can be viewed here.


Recent Posts

Nov 29, 2023

Tlaib Calls for Peaceful Coexistence Between Israelis and Palestinians

WASHINGTON, D.C. — Today, Representative Rashida Tlaib (MI-12) released the following statement on H. Res. 888: “Both Israelis and Palestinians have the right to live with democracy, safety, peace, and human dignity. This resolution that ignores the existence of the Palestinian people brings us no closer to peaceful coexistence. It’s important to recognize that Palestinians also have a […]

Nov 29, 2023

Tlaib Calls for Release of All Hostages and Palestinian Political Prisoners

WASHINGTON, D.C. — Today, Representative Rashida Tlaib (MI-12) released the following statement on H. Res. 793: “Every innocent civilian should be released and reunited with their family, no matter their faith or ethnicity. I will continue to call for the release of all hostages, as well as the innocent Palestinians who were arbitrarily detained and being held by […]

Nov 22, 2023

Tlaib Statement on Temporary Pause in Violence in Gaza

DETROIT — Today, Representative Rashida Tlaib (MI-12) released the following statement: “A temporary pause in the violence is not enough. We must move with urgency to save as many lives as possible and achieve a permanent ceasefire agreement. Over 14,000 Palestinians have been killed in Gaza since this violence began, including thousands of children, and 1.7 million Palestinians […]