SB0034 - Tennessee: Consumer Protection, Credit, Consumer

Companion Bill HB0024. Consumer Protection - Allows consumers to place a freeze on the release of information from a consumer credit report. - Amends TCA Title 47, Chapter 18. Fiscal Summary for *SB0034 / HB0024Increase State Revenues - Not Significant Increase State Expenditures - Not Significant Increase Local Govt. Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for *SB0034 / HB0024 This bill allows a person to request that a security freeze be placed on the person's consumer report thereby barring consumer reporting agencies from releasing the person's consumer report or credit score relating to the extension of credit without the express authorization of such consumer. This bill requires consumer reporting agencies to place a freeze on a report within five days of receiving a freeze request.[...]

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