Topics and Issues

Credit repair (34)

Credit Repair Organizations Act (CROA) (15)

In May 2008, CDIA wrote to U.S. Reps. Barney Frank (D-MA) and Spencer Bachus (R-AL), the chair and ranking member, respectively, of the U.S. House Financial Services Committee.

CDIA’s letter supporting CROA reform responds to a earlier that month from consumer groups that mischaracterizes legislation to reform the act.

The bill at issue was H.R. 2885, the Credit Monitoring Clarification Act. The bill was sponsored by U.S. Reps. Paul Kanjorski (D-PA) and Ed Royce (R-CA).