To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes.

This bill orders two federal agencies—the Consumer Financial Protection Bureau and the Federal Trade Commission—to study how adding new kinds of information to credit scores might affect people’s access to credit. By December 31, 2025, they must report to Congress on how credit models use these extra data points and how that changes the way lenders judge someone’s creditworthiness.

The study looks at things like rent, utility, phone/subscription payments, Buy Now, Pay Later plans, bank and credit union transactions, payroll deposit patterns, insurance payments, public records (like property ownership and business licenses), peer‑to‑peer payment activity, and even brokerage account statements. It can also include electronic benefit transfer (EBT) transaction records. This bill does not change anyone’s credit score by itself—it only requires a study and report.

• Who is affected: Consumers, lenders, and credit score companies.
• What changes: No immediate changes; a federal study on using more types of everyday payment and account data in credit scores.
• When: Report due by December 31, 2025.