YourVoice.Now Summary
Your MoneyBad credit marks from time spent held hostage or wrongly jailed abroad would be kept off Americans' credit reports.
Your Money
If you were held hostage or wrongly jailed abroad, a credit bureau could not share a report showing bad marks from that time. You would need papers from the U.S. hostage envoy or hostage recovery team confirming the dates.
More about this bill
Americans who were held hostage or wrongly jailed abroad could keep bad marks from that time off their credit reports. This covers any negative item dated during the time they were held. A credit bureau covered by the rule could not share a credit report that shows those marks. To qualify, the person would give the bureau papers from the U.S. hostage envoy or the federal hostage recovery team. The papers must confirm their status and the dates they were held. The rule applies only if the bureau can confirm the papers are real. The bill does not set a start date.
Congressional Summary
Fair Credit for American Hostages Act of 2025 This bill prohibits a consumer reporting agency from including adverse credit information on a consumer's credit report from an event that occurred during a time when that consumer was held hostage or wrongfully detained abroad.
Legislative Subjects
Details
- Congress
- 119th
- Chamber
- Senate
- Status
- summarized
- Action
- Introduced in Senate
- Action Date
- 2025-02-20
- Date Added
- 2026-10-06
- Source
- Congress.gov →
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