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Tuesday, June 23, 2009

Rep. Cushingberry fights for Consumer Credit Dignity with House Bill 4330 of the 2009 Session.

Representative Cushingberry is co-sponsoring House Bill 4330, legislation to allow consumers to take legal action against Credit Reporting Agencies who continually report negative credit information in an unjust manner. Instead of playing mail and phone tag with arrogant and un-cooperative credit representatives, a consumer can bring action in a Michigan District Court to adjudicate the matter.

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).


Primary Sponsor
Rep. Fred Durhal. FredDurhal@house.mi.gov

Co-Sponsors:
Bob Constan bobconstan@house.mi.gov
George Cushingberry georgecushingberry@house.mi.gov
Robert Dean robertdean@house.mi.gov
Bert Johnson bertjohnson@house.mi.gov
Fred Miller fredmiller@house.mi.gov
Joel Sheltrown joelsheltrown@house.mi.gov
Rashida Tlaib RashidaTlaib@house.mi.gov
Coleman Young colemanayoungii@house.mi.gov

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