CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 1591Introduced by Assembly Member BermanFebruary 17, 2017 An act to amend Section 1785.1 of the Civil Code, relating to consumer credit reporting. LEGISLATIVE COUNSEL'S DIGESTAB 1591, as introduced, Berman. Consumer credit reporting.Existing state and federal law regulates the activities of consumer credit reporting agencies. Existing state law, the Consumer Credit Reporting Agencies Act, codifies legislative findings and declarations in this regard. The act states that its purpose is to require consumer credit reporting agencies to adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner that is fair and equitable to the consumer, as specified.This bill would make nonsubstantive changes to these provisions.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 1785.1 of the Civil Code is amended to read:1785.1. The Legislature finds and declares as follows:(a) An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, and general reputation of consumers.(b) Consumer credit reporting agencies have assumed a vital role in assembling and evaluating consumer credit and other information on consumers.(c) There is a need to insure that consumer credit reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumers right to privacy.(d) It is the purpose of this title to require that consumer credit reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner which that is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such the information in accordance with the requirements of this title.(e) The Legislature hereby intends to regulate consumer credit reporting agencies pursuant to this title in a manner which that will best protect the interests of the people of the State of California.(f) The extension of credit is a privilege and not a right. Nothing in this title shall preclude a creditor from denying credit to any applicant providing such the denial is based on factors not inconsistent with present law.(g) Any clauses in contracts which that prohibit any action required by this title are not in the public interest and shall be considered unenforceable. This shall not invalidate the other terms of such a the contract.
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 1591Introduced by Assembly Member BermanFebruary 17, 2017 An act to amend Section 1785.1 of the Civil Code, relating to consumer credit reporting. LEGISLATIVE COUNSEL'S DIGESTAB 1591, as introduced, Berman. Consumer credit reporting.Existing state and federal law regulates the activities of consumer credit reporting agencies. Existing state law, the Consumer Credit Reporting Agencies Act, codifies legislative findings and declarations in this regard. The act states that its purpose is to require consumer credit reporting agencies to adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner that is fair and equitable to the consumer, as specified.This bill would make nonsubstantive changes to these provisions.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Assembly Bill No. 1591
Introduced by Assembly Member BermanFebruary 17, 2017
Introduced by Assembly Member Berman
February 17, 2017
An act to amend Section 1785.1 of the Civil Code, relating to consumer credit reporting.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 1591, as introduced, Berman. Consumer credit reporting.
Existing state and federal law regulates the activities of consumer credit reporting agencies. Existing state law, the Consumer Credit Reporting Agencies Act, codifies legislative findings and declarations in this regard. The act states that its purpose is to require consumer credit reporting agencies to adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner that is fair and equitable to the consumer, as specified.This bill would make nonsubstantive changes to these provisions.
Existing state and federal law regulates the activities of consumer credit reporting agencies. Existing state law, the Consumer Credit Reporting Agencies Act, codifies legislative findings and declarations in this regard. The act states that its purpose is to require consumer credit reporting agencies to adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner that is fair and equitable to the consumer, as specified.
This bill would make nonsubstantive changes to these provisions.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 1785.1 of the Civil Code is amended to read:1785.1. The Legislature finds and declares as follows:(a) An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, and general reputation of consumers.(b) Consumer credit reporting agencies have assumed a vital role in assembling and evaluating consumer credit and other information on consumers.(c) There is a need to insure that consumer credit reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumers right to privacy.(d) It is the purpose of this title to require that consumer credit reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner which that is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such the information in accordance with the requirements of this title.(e) The Legislature hereby intends to regulate consumer credit reporting agencies pursuant to this title in a manner which that will best protect the interests of the people of the State of California.(f) The extension of credit is a privilege and not a right. Nothing in this title shall preclude a creditor from denying credit to any applicant providing such the denial is based on factors not inconsistent with present law.(g) Any clauses in contracts which that prohibit any action required by this title are not in the public interest and shall be considered unenforceable. This shall not invalidate the other terms of such a the contract.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 1785.1 of the Civil Code is amended to read:1785.1. The Legislature finds and declares as follows:(a) An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, and general reputation of consumers.(b) Consumer credit reporting agencies have assumed a vital role in assembling and evaluating consumer credit and other information on consumers.(c) There is a need to insure that consumer credit reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumers right to privacy.(d) It is the purpose of this title to require that consumer credit reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner which that is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such the information in accordance with the requirements of this title.(e) The Legislature hereby intends to regulate consumer credit reporting agencies pursuant to this title in a manner which that will best protect the interests of the people of the State of California.(f) The extension of credit is a privilege and not a right. Nothing in this title shall preclude a creditor from denying credit to any applicant providing such the denial is based on factors not inconsistent with present law.(g) Any clauses in contracts which that prohibit any action required by this title are not in the public interest and shall be considered unenforceable. This shall not invalidate the other terms of such a the contract.
SECTION 1. Section 1785.1 of the Civil Code is amended to read:
### SECTION 1.
1785.1. The Legislature finds and declares as follows:(a) An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, and general reputation of consumers.(b) Consumer credit reporting agencies have assumed a vital role in assembling and evaluating consumer credit and other information on consumers.(c) There is a need to insure that consumer credit reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumers right to privacy.(d) It is the purpose of this title to require that consumer credit reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner which that is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such the information in accordance with the requirements of this title.(e) The Legislature hereby intends to regulate consumer credit reporting agencies pursuant to this title in a manner which that will best protect the interests of the people of the State of California.(f) The extension of credit is a privilege and not a right. Nothing in this title shall preclude a creditor from denying credit to any applicant providing such the denial is based on factors not inconsistent with present law.(g) Any clauses in contracts which that prohibit any action required by this title are not in the public interest and shall be considered unenforceable. This shall not invalidate the other terms of such a the contract.
1785.1. The Legislature finds and declares as follows:(a) An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, and general reputation of consumers.(b) Consumer credit reporting agencies have assumed a vital role in assembling and evaluating consumer credit and other information on consumers.(c) There is a need to insure that consumer credit reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumers right to privacy.(d) It is the purpose of this title to require that consumer credit reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner which that is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such the information in accordance with the requirements of this title.(e) The Legislature hereby intends to regulate consumer credit reporting agencies pursuant to this title in a manner which that will best protect the interests of the people of the State of California.(f) The extension of credit is a privilege and not a right. Nothing in this title shall preclude a creditor from denying credit to any applicant providing such the denial is based on factors not inconsistent with present law.(g) Any clauses in contracts which that prohibit any action required by this title are not in the public interest and shall be considered unenforceable. This shall not invalidate the other terms of such a the contract.
1785.1. The Legislature finds and declares as follows:(a) An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, and general reputation of consumers.(b) Consumer credit reporting agencies have assumed a vital role in assembling and evaluating consumer credit and other information on consumers.(c) There is a need to insure that consumer credit reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumers right to privacy.(d) It is the purpose of this title to require that consumer credit reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner which that is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such the information in accordance with the requirements of this title.(e) The Legislature hereby intends to regulate consumer credit reporting agencies pursuant to this title in a manner which that will best protect the interests of the people of the State of California.(f) The extension of credit is a privilege and not a right. Nothing in this title shall preclude a creditor from denying credit to any applicant providing such the denial is based on factors not inconsistent with present law.(g) Any clauses in contracts which that prohibit any action required by this title are not in the public interest and shall be considered unenforceable. This shall not invalidate the other terms of such a the contract.
1785.1. The Legislature finds and declares as follows:
(a) An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, and general reputation of consumers.
(b) Consumer credit reporting agencies have assumed a vital role in assembling and evaluating consumer credit and other information on consumers.
(c) There is a need to insure that consumer credit reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumers right to privacy.
(d) It is the purpose of this title to require that consumer credit reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, hiring of a dwelling unit, and other information in a manner which that is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such the information in accordance with the requirements of this title.
(e) The Legislature hereby intends to regulate consumer credit reporting agencies pursuant to this title in a manner which that will best protect the interests of the people of the State of California.
(f) The extension of credit is a privilege and not a right. Nothing in this title shall preclude a creditor from denying credit to any applicant providing such the denial is based on factors not inconsistent with present law.
(g) Any clauses in contracts which that prohibit any action required by this title are not in the public interest and shall be considered unenforceable. This shall not invalidate the other terms of such a the contract.