Section 1 Ability of certain credit repair organizations to dispute information directly with a furnisher
Section 623(a)(8) of the Fair Credit Reporting Act (15 U.S.C. 1681s–2(a)(8)) is amended—
in the paragraph heading, by striking “consumer” and inserting “consumer and credit repair organization”;
in subparagraph (A), by striking “consumer.” and inserting “consumer or credit repair organization.”;
in subparagraph (B)—
in clause (ii), by adding “and” at the end;
in clause (iii)—
by striking “consumer” and inserting “consumer or the credit repair organization”; and
by striking “; and” and inserting a period; and
by striking clause (iv);
in subparagraph (D), by striking “consumer” and inserting “consumer or credit repair organization”;
in subparagraph (E)—
in the matter preceding clause (i), by striking “from a consumer” and inserting “from a consumer or credit repair organization”;
in clause (ii), by striking “consumer” and inserting “consumer or credit repair organization”; and
in clause (iii), by striking “to the consumer” and inserting “to the consumer or credit repair organization that submitted the notice”;
in subparagraph (F)—
in clause (i)—
in the matter preceding subclause (I), by striking “consumer” and inserting “consumer or credit repair organization”;
in subclause (I), by striking “consumer” and inserting “consumer or credit repair organization”; and
in subclause (II), by striking “by a consumer” and inserting “by a consumer or credit repair organization”; and
in clause (ii)—
by striking “notify the consumer” and inserting “notify the consumer or credit repair organization that submitted the dispute notice”; and
by striking “by the consumer” and inserting “by the consumer or credit repair organization”; and
by amending subparagraph (G) to read as follows:
“(G) Credit repair organization defined—For purposes of this paragraph, the term “credit repair organization” means an entity authorized to act on behalf of a consumer that—
“(i) is a credit repair organization, as defined in section 403(3); or
“(ii) but for section 403(3)(B)(i), would be such a credit repair organization.”