Congress·In Committee·H.R. 5402

Rep. Kim Introduces Bill to Help Americans Build Credit Through Rent and Utility Payments

Credit Access and Inclusion Act of 2025

6 months ago·View on Congress.gov

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Stalled

No legislative action in over 90 days.

Legislative Progress

House

Senate

President

Law

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.

Economy FinanceHousingTechnology Digital

Impact Analysis

Personal Impact

Who is affectedScoreImpactCertaintyScopeDurationSentiment

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Milestones

2 milestones2 actions

Sep 16, 2025House

Referred to the House Committee on Financial Services.

Sep 16, 2025

Introduced in House

What Happens Next

Projected impacts based on AI analysis

2 years after enactment

GAO study on impact of full-file reporting due to Congress

Two years after enactment, the Government Accountability Office would deliver a report showing whether this change actually helped or hurt people's credit scores, which could lead to further policy adjustments.

Related News

4 articles

Alabama Political Reporter·11 months ago

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.

C+

Yellowhammer News·11 months ago

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.

CR+

VitalLaw·6 months ago

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.

Related Bills

1 bill

S. 1465Related bill

Credit Access and Inclusion Act of 2025

Apr 10 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Source Information

Document Type

Congressional Bill

Official Title

Credit Access and Inclusion Act of 2025

Bill NumberHR 5402

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Financial Services.

Sponsor

Cosponsors

(2)

D: 2

Data Sources

Congress.gov

Official legislative information

Analysis generated by AI. Always verify with official sources.