SB3854 - Tennessee - Consumer Protection

Consumer Protection - Requires a credit reporting agency to clearly identify certain consumer rights to a consumer whose debt has been discharged in bankruptcy but whose report indicates the debt is still owing at any time the Tennessee consumer is required to receive a summary of rights required by 15 U.S.C. § 1681g(d) of the federal Fair Credit Reporting Act. - Amends TCA Title 26 and Title 47. Fiscal Summary for *SB3854Increase State Revenue - Not Significant Increase State Expenditures - Not Significant Increase Local Govt. Revenue - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for *SB3854 Federal law dictates that a consumer be given a summary of rights under the Fair Credit Reporting Act at certain times, such as when the consumer contacts a consumer reporting agency and expresses a belief that the consumer is a victim of fraud or identity theft involving credit, an electronic fund transfer,[...]

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