House Bill 4330 is designed to be a friend to the consumer who of no fault of their own lost their job, death in the family, divorce and other reasons that credit information becomes negative. The text of the bill is as follows:
SEC. 8309. (1) A CONSUMER MAY BRING AN ACTION IN THE DISTRICT COURT AGAINST A CONSUMER REPORTING AGENCY FOR AN INCOMPLETE OR INACCURATE ITEM OF INFORMATION CONTAINED IN THE CONSUMER'S FILE AT THE CONSUMER REPORTING AGENCY. AN ACTION MAY NOT BE COMMENCED UNDER THIS SUBSECTION UNLESS THE PROCEDURE FOR RESOLVING DISPUTES CONCERNING THE COMPLETENESS OR ACCURACY OF SUCH ITEMS OF INFORMATION UNDER SECTION 611 OF THE FAIR CREDIT REPORTING ACT, 15 USC 1681I, HAS BEEN COMPLETED.
In order for a consumer to take an action, the consumer must exhaust all remedies and procedures under the United States Fair Credit Reporting Act. When the consumer goes to District Court and receives a favorable judgment, the consumer reporting agency has 10 days to remove the information or face fines and contempt of court charges. The sponsors of this bill have the consumer’s financial best interest at heart.
Representative Cushingberry and Primary Sponsor Fred Durhal are active when it is an issue of consumer protection of our constituents. If you are in support of this legislation, The Friends would like you to take the time to e-mail and call your State Representative in Lansing and the sponsors of the bill expressing your support to make it the law of the land.
A Full reading of the bill can be seen here when you (click here).
Rep. Fred Durhal. FredDurhal@house.mi.gov
Bob Constan firstname.lastname@example.org
George Cushingberry email@example.com
Robert Dean firstname.lastname@example.org
Bert Johnson email@example.com
Fred Miller firstname.lastname@example.org
Joel Sheltrown email@example.com
Rashida Tlaib RashidaTlaib@house.mi.gov
Coleman Young firstname.lastname@example.org