New York Gov. Cuomo Signs Legislation Prohibiting Use of Consumer Social Network to Determine Credit Worthiness
November 26, 2019
November 26, 2019
ALBANY, New York, Nov. 26 -- Gov. Andrew Cuomo, D-New York, issued the following news release:
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- Helps Protect Consumers' Right to Privacy and Prevent Inaccuracies in Credit Reporting
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Governor Andrew M. Cuomo today signed legislation (S.2302/A.5294) prohibiting consumer reporting agencies and lenders from using the credit scores of people in a consumer's social network to determine that individual's credit worthiness.
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- Helps Protect Consumers' Right to Privacy and Prevent Inaccuracies in Credit Reporting
* * *
Governor Andrew M. Cuomo today signed legislation (S.2302/A.5294) prohibiting consumer reporting agencies and lenders from using the credit scores of people in a consumer's social network to determine that individual's credit worthiness.
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