Sending Office: Honorable Brad Sherman
Cosponsor H.R. 6370, the
Disaster Protection for Workers’ Credit Act
H.R. 6370, the
Disaster Protection for Workers’ Credit Act is designed to ensure that individuals’ credit scores are not negatively impacted as a result of the coronavirus outbreak. For those who rely on steady paychecks to make rent, utility, credit card or mortgage
payments, the months ahead will be difficult, and there will be missed payments. And that means lower credit scores. Lower credit scores will result in higher interest rates and reduced opportunities for homeownership. This legislation is a House companion
to a bill by the same name that was introduced in the Senate by Brian Schatz (D-Hawai‘i) and
Sherrod Brown (D-Ohio).
I introduced this legislation to prevent the credit scores of people who are unable to pay their bills as a result of the coronavirus
pandemic from being needlessly impacted.
Disaster Protection for Workers’ Credit Act, which will put in place an immediate moratorium on all negative credit reporting, which will stay in place for four months. Individuals who face continued financial hardship as a result of the outbreak
will also be covered by additional longer-lasting protections. The bill will also provide free, unlimited credit reports and credit scores for a year from the end of the crisis. In addition, this bill will specifically prevent any negative information associated
with medical debt incurred for treatment of COVID-19 from impacting credit reports and credit scores. All these protections will go into effect for the current crisis as well as other future major disasters.
If you have any questions or wish to cosponsor
The Disaster Protection for Workers’ Credit Act, please contact Caroline Vesey with Rep. Sherman’s office at 6-8434 or firstname.lastname@example.org.
Member of Congress
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