Bill > S2492

This bill removes fees for security freezes and disclosures of consumer credit reports. Key provisions include: - Prohibiting consumer reporting agencies from charging fees to consumers for placing, lifting, or removing a security freeze on their credit report. - Requiring consumer reporting agencies to offer free credit monitoring services for at least 5 years to consumers whose personal information was breached. - Allowing consumers to place, lift, or remove a security freeze electronically or by phone, in addition to by mail. - Speeding up the process for consumer reporting agencies to respond to requests to place or remove security freezes, requiring them to do so within 15 minutes for electronic or phone requests. - Creating new protections for security freezes on the credit reports of minors and incapacitated individuals. - Enhancing notice requirements for entities that experience a data breach involving social security numbers. The bill aims to make it easier and more accessible for consumers to protect their credit and personal information.

https://malegislature.gov/Bills/190/S2492