New Bill "Comprehensive Consumer Credit Reporting Reform Act of 2016"

[gld2pan]

Mentions reducing negative reporting from 7 years to 4 years. Not sure though if bankruptcies would be included in this. Anyone have any insight on this Bill?

[df04527]

Do you have a link maybe? I would like to read it. I would imagine the BK reporting would also be reduced.

[gld2pan]

http://www.housingwire.com/articles/...edit-reporting

https://consumermediallc.files.wordpress.com/2016/05/embargoed_waters_039_xml-1.pdf

[despritfreya]

Will never see the light of day - creditor lobby will make sure of it.

Des.

[df04527]

Have to agree with Des. The powerful financial industry will squash most, if not all of it. Thanks for links.