# 119-hr-5083: To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes.

119-hr-5083, To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes., is a 119th Congress bill sponsored by Rep. Fields, Cleo [D-LA-6] (D-LA); status introduced (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-5083
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-5083
- Congress: 119
- Title: To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes.
- Status: introduced
- Introduced: 2025-09-02
- Sponsor: Rep. Fields, Cleo [D-LA-6] (D-LA)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2026-04-21

## Summary

**This bill would require the Director of the Bureau of Consumer Financial Protection and the Chairman of the Federal Trade Commission to jointly report to Congress on how** credit scoring models that use alternative financial and transaction data affect the ways creditors evaluate consumer creditworthiness. The agencies must study 11 specified "key factors" such as rental and utility payments, Buy Now, Pay Later histories, brokerage account statements, payroll deposits, electronic benefit transfer records, insurance payments, public property records, and peer-to-peer transactions by December 31, 2025. - Consumers and households: Would produce analysis of whether including rental payments, utilities, Buy Now, Pay Later, payroll deposits, electronic benefit transfer records, and similar data in scores affects credit assessments for individual consumers. - Creditors and lenders: Would examine how lenders might build or apply credit scoring models using brokerage statements, bank transaction data, insurance payment history, public record information, and peer-to-peer activity. - Congress and regulators: Delivers a joint report to Congress by December 31, 2025 that outlines the scope and effects of using these 11 key factors in credit scoring models.

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-4669: FEMA Act of 2025
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026
- 119-hr-7973: Momnibus Act
- 119-hr-2945: Housing for All Act of 2025

## Sources
- [119-hr-5083 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/5083)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-2945: Housing for All Act of 2025](https://policyrisk.com/legislation/119-hr-2945)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-5083 (as of 2026-04-21).