A bill to amend the Fair Credit Reporting Act to prohibit consumer reporting agencies from furnishing consumer reports containing adverse items of information about a consumer that resulted from that consumer being unlawfully or wrongfully detained abroad or held hostage abroad.

Bill 118 s 4455, also known as the Fair Credit Reporting Act Amendment, aims to make changes to the Fair Credit Reporting Act in order to protect consumers who have been unlawfully or wrongfully detained or held hostage abroad. The bill specifically prohibits consumer reporting agencies from including adverse items of information in consumer reports that resulted from these situations.

This means that if a consumer has been detained or held hostage abroad, any negative information that may appear on their credit report as a result of this experience would be prohibited from being included. This is important because being unlawfully or wrongfully detained or held hostage is a traumatic experience that should not negatively impact a person's creditworthiness.

By amending the Fair Credit Reporting Act in this way, the bill seeks to provide additional protections for consumers who have been through these difficult situations. It aims to ensure that their credit reports accurately reflect their financial history and not any adverse items that are a result of being unlawfully or wrongfully detained or held hostage abroad. Overall, Bill 118 s 4455 is a step towards ensuring fairness and accuracy in credit reporting for consumers who have faced extraordinary circumstances while abroad.