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H.R. 5402119th CongressIn markupLatest action Jun 30, 2026Decoded by AI · checked against the record
Official title: Credit Access and Inclusion Act of 2025
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
HR 5402 lets landlords, utilities, and telecom firms report rent and bill payments to credit bureaus, with an opt-out.
35-second read · 4 questions answered below
The Credit Access and Inclusion Act of 2025 clarifies that landlords, utility companies, telecom providers, and HUD can share rent, utility, and phone/internet payment data with credit reporting agencies. It protects consumers on approved payment plans for overdue utility bills from being reported as "late," and lets consumers opt out of having this information shared.
Affects renters, utility and telecom customers, landlords, utility and phone companies, and credit reporting agencies like Equifax, Experian, and TransUnion.
Including this payment history could help people with thin credit files build stronger credit profiles, but it could also expose missed or late payments that weren't previously visible, potentially lowering some credit scores.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.