Search Results: keywords:"protected consumers"

  • S. 4916 — To amend the Fair Credit Reporting Act to address the placement of security freezes for protected consumers, and for other purposes.
    Status:Introduced in Senate
    Words:685

    S. 4916, known as the “Credit Freeze for Newborns Act,” aims to amend the Fair Credit Reporting Act. It allows the representatives of young consumers, specifically those under 16, to request a security freeze on their behalf with consumer reporting agencies, ensuring...

    Simple Explanation

    The "Credit Freeze for Newborns Act" is like a superpower shield that grown-ups can put on kids' credit, stopping bad guys from using their information to do naughty stuff. It's like telling kids, "Don't worry, some grown-ups will keep your secret codes safe!"

  • S. 619 — To amend the Fair Credit Reporting Act to address the placement of security freezes for protected consumers, and for other purposes.
    Status:Introduced in Senate
    Words:405

    S. 619 is a bill that aims to amend the Fair Credit Reporting Act. The goal is to make it easier for representatives of protected consumers, like children, to request a security freeze on their credit reports. This would involve consumer reporting agencies placing such...

    Simple Explanation

    S. 619 is a bill that wants to help keep children's important information safe by making it easier for their parents or guardians to freeze their credit. This means that no bad guys can open credit cards or take loans in their name, and the bill says the freeze must be done quickly and for free.