Loading chat...
WV HB3097
Bill
Status
3/4/2025
Primary Sponsor
Trenton Barnhart
Click for details
AI Summary
-
Prohibits credit services organizations from selling consumer information to third party financing entities
-
Bans furnishing consumer reports for credit transactions not initiated by the consumer when the report is based on an inquiry made in connection with a residential mortgage loan
-
Adds this prohibition to the existing list of conduct violations for credit services organizations, their salespersons, agencies, representatives, and independent contractors
-
Amends §46A-6C-3 of the West Virginia Code regarding prohibited conduct for credit services organizations
Legislative Description
Prohibiting credit bureaus and other consumer reporting agencies from selling consumer information to third party financing entities
Consumer Protection
Last Action
To House Finance
3/19/2025