A firm offer plus certified authorization is one route past the limitation
To amend the Fair Credit Reporting Act to prevent consumer reporting agencies from furnishing consumer reports under certain circumstances, and for other purposes, section 2, Sec. 2.
Written by .
A firm offer plus certified authorization is one route past the limitation
The document says “requires”Who acts: consumer reporting agenciesHow: statuteSec. 2 in the PDF
What the document says
“``(i) the transaction consists of a firm offer of credit or insurance; and”
The limitation added to section 604(c) of the Fair Credit Reporting Act does not apply where two things are both true. The first, quoted here, is that the transaction consists of a firm offer of credit or insurance. The second is a condition on the other person, and one way to meet it is that the person has submitted documentation to the agency certifying that the person has the authorization of the consumer to whom the report relates, under paragraph (1)(A) of that subsection.
What the document actually says
“``(i) the transaction consists of a firm offer of credit or insurance; and”
That sentence, in plain words
The deal has to be a firm offer of credit or insurance.
What this is about
This is one of two tests. Both must be met. The other firm must also show the bureau a paper. The paper says you said yes.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Homebuyers Privacy Protection Act, Public Law 119-36, sec. 2, 139 Stat. 493 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ36/html/PLAW-119publ36.htm
This page
“A firm offer plus certified authorization is one route past the limitation,” Homebuyers Privacy Protection Act, section 2, Sec. 2. Read the Mandate, https://readthemandate.org/homebuyers-privacy-protection-act/proposal/sec02-firm-offer-and-authorization/ (retrieved October 10, 2026).
Cite the document when the claim is about what the document says. Cite this page when the indexing, the wording or the record of what has happened is what is being relied on.
How to Read This Page
The quotation is the document's own words, exactly as printed, checked against the page
number against the Act itself before publishing. The paragraph underneath is our summary,
not the document's words. So is the plain English version, which is why it sits beside the
quotation rather than replacing it.
