# 119-hr-9639: FAIR Credit Act 119-hr-9639, FAIR Credit Act, is a 119th Congress bill sponsored by Rep. Tlaib, Rashida [D-MI-12] (D-MI); status introduced; PRIA reads it as touching household money (as of 2026-07-25). - Canonical: https://policyrisk.com/legislation/119-hr-9639 - As of: 2026-07-25 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: 119-hr-9639 - Congress: 119 - Title: FAIR Credit Act - Status: introduced - Introduced: 2026-07-09 - Sponsor: Rep. Tlaib, Rashida [D-MI-12] (D-MI) - Cosponsors: 3 - Policy area: Finance and Financial Sector - Touches household money: yes - Last recorded action: 2026-07-25 ## Summary **This bill would create a federal framework for stronger _consumer credit restoration_ and expanded identity-fraud protections.** It sets timelines and Bureau rulemaking to remove harmful mortgage, education, and abuse-related items from credit reports and to tighten fraud alerts and freezes. - Borrowers and survivors: Creates formal pathways to remove adverse mortgage entries tied to predatory lending, education-loan entries tied to fraud, and items that result from economic abuse. The mortgage restoration rule has an 18-month delay and education-loan removals must occur within 45 days after Bureau certification. - Victims and protected groups: Reworks fraud-alerts and security-freezes into clearer short and long alerts, including 1-year and 7-year options. It also guarantees free credit-monitoring and identity-protection services for groups like unemployed job-seekers, public-welfare recipients, active-duty service members, and people 65 or older. - Reporting and scoring changes: Bans reporting of medical debt, speeds removal of paid or settled delinquent debt, shortens retention periods, and forbids using participation in restoration programs or restoration-related markers in scoring, pricing, or employment decisions. The bill would also require the Bureau to publish standardized private reporting codes, forms, and procedures and to run outreach to holders and consumer reporting agencies. ## Cosponsors (3) - Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2026-07-09T00:00:00.000Z - Rep. Stansbury, Melanie A. [D-NM-1] (D-NM), 2026-07-09T00:00:00.000Z - Rep. Carson, André [D-IN-7] (D-IN), 2026-07-09T00:00:00.000Z ## Provisions PRIA read - Credit restoration for abuse and loans: benefit, medium. If enacted, consumer reporting agencies would have to stop reporting adverse items that came from predatory or illegal mortgage practices or from verified economic abuse when the consumer provides required proof. The Director of the Bureau must issue rules within 180 days about how to submit econom… - Faster deletions and shorter reporting: benefit, medium. If enacted, many negative credit items would be removed sooner. Some items that once stayed 10 years would be limited to 7 years, and many 7‑year categories would be limited to 4 years. Credit bureaus would also have to remove adverse items tied to fully paid or settled delinquent debt once the pay… - Stop medical debt on reports: benefit, medium. If enacted, consumer reporting agencies would be banned from putting medical debt on your credit report. "Medical debt" would mean bills for health care services, products, or devices. Ordinary credit-card balances would still show unless the card was specifically offered for medical payments. This… - Student loan fraud relief process: benefit, medium. If enacted, the Bureau would certify borrowers with valid defraudment claims about education loans. After the Bureau's notice, consumer reporting agencies would have to remove any adverse information related to the qualifying loan within 45 calendar days. The Bureau would set the submission and rev… - New fraud alerts, freezes, and monitoring: mixed, medium. If enacted, fraud alerts would be renamed and lengthened: initial alerts would be 1‑year alerts (renewable for one more year) and extended alerts would be 7‑year alerts (renewable with an updated identity theft report). While a 7‑year alert is active, bureaus would have to let you request a free co… - Agency timelines and disclosure rules: mixed, low. If enacted, most of the Act's changes would take effect two years after enactment to give agencies time to prepare. The Bureau would have to finish final implementing rules within that two‑year period. The bill would also define "calendar day" and "business day" for deadlines and require some consu… ## Related bills - 119-hr-9877: Health Equity and Accountability Act of 2026 - 119-hr-7977: Energy Bills Relief Act - 119-hr-6644: 21st Century ROAD to Housing Act - 119-hr-7973: Momnibus Act - 119-hr-8870: BUILD America 250 Act - 119-hr-3971: Domestic Workers Bill of Rights Act ## Sources - [119-hr-9639 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9639) ## Related - [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877) - [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977) - [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644) - [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973) - [119-hr-8870: BUILD America 250 Act](https://policyrisk.com/legislation/119-hr-8870) - [119-hr-3971: Domestic Workers Bill of Rights Act](https://policyrisk.com/legislation/119-hr-3971) - [All bills in Congress](https://policyrisk.com/legislation) Source: PRIA, https://policyrisk.com/legislation/119-hr-9639 (as of 2026-07-25).