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John Kavanagh
BANKING DAY
Associate Editor
09 June 2021

After a few false starts, mandatory consumer credit reporting gets underway on July 1, when large ADIs will have to start supplying comprehensive credit information.

A bill amending the National Consumer Credit Protection Act, to mandate comprehensive credit reporting by some financial institutions, was first introduced in 2018 and was passed in the House of Representatives.

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For a list of of credit providers that are currently participating in CCR, click here

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