No actions available.
Full Text of this Amendment
On page 34, between lines 9 and 10, insert the following:
SEC. 205. PREVENTION OF DECEPTIVE MARKETING OF CREDIT REPORTS.
Section 612 of the Fair Credit Reporting Act (15 U.S.C. 1681j) is amended by inserting after subsection (f) the following:
``(g) Prevention of Deceptive Marketing of Credit Reports.--
``(1) IN GENERAL.--Any entity advertising free credit reports in any medium must prominently disclose in each such advertisement that--
``(A) the Fair Credit Reporting Act guarantees a consumer access to a free credit report from each of the three nationwide reporting agencies once every twelve months; and
``(B) AnnualCreditReport.com is the only authorized source for a consumer to get a free annual credit report under Federal law.
``(2) TELEVISION ADVERTISEMENTS.--In the case of an advertisement broadcast by television, the disclosures required under paragraph (1) shall be included in the audio or the audio and visual part of such advertisement.''.
(As printed in the Congressional Record for the Senate on May 13, 2009.)