Credit Access and Inclusion Act of 2025
Rep. Kim Introduces Bill to Help Americans Build Credit Through Rent and Utility Payments
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
- This bill allows landlords, utility companies, and cell phone providers to report your payment history to credit bureaus. Currently, these bills usually only show up on your credit report if you fail to pay them and they go to a collection agency.
- The change is designed to help people who don't have traditional credit, like credit cards or bank loans, build a credit score. By showing they pay their rent and light bills on time, millions of 'credit invisible' people could find it easier to qualify for car loans or mortgages.
- To protect consumers, the bill says companies cannot report how much energy or water you use, only whether you paid your bill on time. It also prevents energy companies from reporting you as 'late' if you are currently following an agreed-upon payment plan to catch up on debt.
- If you do not want your rent or utility data shared with credit bureaus, you have the right to 'opt-out.' You can stop the data sharing by sending a written request to the company or landlord providing the service.
- The government will study the results of this change after two years to see how it actually affects people's credit scores and whether it is helping more Americans get access to affordable loans.
Impact Analysis
Personal Impact
Life & Work
Homeowners who pay utility and telecom bills on time could see a modest credit score boost from having those payments reported. The impact is smaller than for renters since most homeowners already have established credit histories from their mortgage, but it still adds another positive data point.
Programs
Disabilities
Milestones
Referred to the House Committee on Financial Services.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
4 articles
Sen. Britt leads bill to expand access to credit for Americans
Senator Katie Britt joined Chairman Tim Scott in introducing the Credit Access and Inclusion Act. The legislation allows property owners and utility providers to report payment data to credit agencies, helping those with limited credit histories establish financial stability and independence.
26 million Americans could gain credit access under Britt-backed legislation
The Credit Access and Inclusion Act, reintroduced in the 119th Congress, gives credit bureaus the ability to collect payment data for services like rent, internet, and electricity. Proponents argue it provides a pathway for 'credit invisible' citizens to achieve the American Dream.
WORTH NOTING—Other regulatory, legislative, litigation, and industry developments
A bill announced September 19 by Reps. Janelle Bynum and Young Kim seeks to help build credit history for 26 million 'credit invisible' Americans. The Credit Access and Inclusion Act specifically allows on-time payment of rent or utility bills to be purposed for credit reporting.
Source Information
Document Type
Congressional Bill
Official Title
Credit Access and Inclusion Act of 2025
Data Sources
Sponsor
Cosponsors
(2)Analysis generated by AI. Always verify with official sources.