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Bill > S403
NJ S403
NJ S403Requires consumer reporting agencies to provide a consumer with a free credit report three times during any 12-month period upon request.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill requires consumer reporting agencies to provide the consumer with a free credit report three times during any 12-month period upon the request of a consumer. Current law requires the credit report to be provided without charge once during any 12-month period.
AI Summary
This bill amends existing New Jersey law to increase the number of free credit reports consumers can request from consumer reporting agencies, which are companies that collect and sell consumer credit information. Currently, consumers are entitled to one free credit report per year, but this bill will allow them to request up to three free credit reports within any 12-month period. This change aims to provide consumers with more frequent access to their credit information without charge, which can be important for monitoring their financial standing and detecting potential fraud.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee (on 01/09/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S403 |
| BillText | https://pub.njleg.gov/Bills/2026/S0500/403_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/S0500/403_I1.HTM |
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