Credit Access and Inclusion Act of 2025
Key claim: The Credit Access and Inclusion Act of 2025 (HR5402) was ordered to be reported as amended by the House committee with a 28-23 vote, advancing legislation aimed at expanding credit reporting to include additional payment data.
Abstract
(HR5402 · 119th Congress) Latest action (2026-06-30): Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.
Why this matters
Expanding permissible credit reporting to include utility, telecom, and rental payment data could materially change credit access for thin-file consumers and shift risk and compliance obligations for furnishers and consumer reporting agencies. Committee passage on a near party-line vote signals the bill has momentum but faces contested floor prospects, and its interaction with pending FCRA liability changes bears watching for banks, fintech lenders, and alternative-data providers.