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Senate panel passes bill to curb immediate resale‑triggered solicitations after credit pulls
2523020 · March 6, 2025
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Summary
The committee passed a consumer‑protection bill to require firms that buy and use instant credit‑pull triggers to identify themselves and respect do‑not‑call and opt‑out notices; sponsors said the practice results in predatory, instantaneous calls to consumers after they apply for credit.
Sen. Blake Johnson introduced legislation to address what witnesses described as instantaneous resale of credit‑pull data to marketers and lead generators who immediately call consumers after a loan application. Keith Little and representatives of the Mortgage Bankers Association…
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