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15 U.S.C. § 1666a — Regulation of credit reports
Federal law — U.S. Code and appendices · legal_authorities
**(a) Reports by creditor on obligor’s failure to pay amount regarded as billing error** After receiving a notice from an obligor as provided in [section 1666(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1666/a&num=0&edition=prelim), a creditor or his agent may not directly or indirectly threaten to report to any person adversely on the obligor’s credit rating or credit standing because of the obligor’s failure to pay the amount indicated by the obligor under [section 1666(a)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1666/a/2&num=0&edition=prelim), and such amount may not be reported as delinquent to any third party until the creditor has met the requirements of [section 1666 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1666&num=0&edition=prelim) and has allowed the obligor the same number of days (not less than ten) thereafter to make payment as is provided under the credit agreement with the obligor for the payment of undisputed amounts.
**(b) Reports by creditor on delinquent amounts in dispute; notification of obligor of parties notified of delinquency** If a creditor receives a further written notice from an obligor that an amount is still in dispute within the time allowed for payment under subsection (a) of this section, a creditor may not report to any third party that the amount of the obligor is delinquent because the obligor has failed to pay an amount which he has indicated under [section 1666(a)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1666/a/2&num=0&edition=prelim), unless the creditor also reports that the amount is in dispute and, at the same time, notifies
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Stable record: federal_law:legal_authorities:record_usc_d3945568fd9c37c83bb32a1a
Source file: Laws/federal/codes/united-states-code/title-15/section-1666a-regulation-of-credit-reports--b5913b98a4.md
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Source location: Title 15, Chapter 41, § 1666a; chapter-041-consumer-credit-protection.md
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**(a) Reports by creditor on obligor’s failure to pay amount regarded as billing error** After receiving a notice from an obligor as provided in [section 1666(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1666/a&num=0&edition=prelim), a creditor or his agent may not directly or indirectly threaten to report to any person adversely on the obligor’s credit rating or credit standing because of the obligor’s failure to pay the amount indicated by the obligor under [section 1666(a)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1666/a/2&num=0&edition=prelim), and such amount may not be reported as delinquent to any third party until the creditor has met the requirements of [section 1666 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1666&num=0&edition=prelim) and has allowed the obligor the same number of days (not less than ten) thereafter to make payment as is provided under the credit agreement with the obligor for the payment of undisputed amounts.
**(b) Reports by creditor on delinquent amounts in dispute; notification of obligor of parties notified of delinquency** If a creditor receives a further written notice from an obligor that an amount is still in dispute within the time allowed for payment under subsection (a) of this section, a creditor may not report to any third party that the amount of the obligor is delinquent because the obligor has failed to pay an amount which he has indicated under [section 1666(a)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1666/a/2&num=0&edition=prelim), unless the creditor also reports that the amount is in dispute and, at the same time, notifies the obligor of the name and address of each party to whom the creditor is reporting information concerning the delinquency.
**(c) Reports by creditor of subsequent resolution of delinquent amounts** A creditor shall report any subsequent resolution of any delinquencies reported pursuant to subsection (b) to the parties to whom such delinquencies were initially reported.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Written notice by obligor to creditor; time for and contents of notice; procedure upon receipt of notice by creditor** If a creditor, within sixty days after having transmitted to an obligor a statement of the obligor’s account in connection with an extension of consumer credit, receives at the address disclosed under [section 1637(b)(10) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1637/b/10&num=0&edition=prelim) a written notice (other than notice on a payment stub or other payment medium supplied by the creditor if the creditor so stipulates with the disclosure required under [section 1637(a)(7) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1637/a/7&num=0&edition=prelim)) from the obligor in which the obligor—
(1) sets forth or otherwise enables the creditor to identify the name and account number (if any) of the obligor,
(2) indicates the obligor’s belief that the statement contains a billing error and the amount of such billing error, and
(3) sets forth the reasons for the obligor’s belief (to the extent applicable) that the statement contains a billing error,
the creditor shall, unless the obligor has, after giving such written notice and before the expiration of the time limits herein specified, agreed that the statement was correct—
(A) not later than thirty days after the receipt of the notice, send a written acknowledgment thereof to the obligor, unless the action required in subparagraph (B) is taken within such thirty-day period, and
(B) not later than two complete billing cycles of the creditor (in no event later than ninety days) after the receipt of the notice and prior to taking any action to collect the amount, or any part thereof, indicated by the obli
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Federal law — U.S. Code and appendices · legal_authorities
Page 1540
TITLE 15—COMMERCE AND TRADE
§ 1666a
(5) A computation error or similar error of
an accounting nature of the creditor on a
statement.
(6) Failure to transmit the statement re-
quired under section 1637(b) of this title to the
last address of the obligor which has been dis-
closed to the creditor, unless that address was
furnished less than twenty days before the end
of the billing cycle for which the statement is
required.
(7) Any other error described in regulations
of the Bureau.
(c) Action by creditor to collect amount or any
part thereof regarded by obligor to be a bill-
ing error
For the purposes of this section, ‘‘action to
collect the amount, or any part thereof, indi-
cated by an obligor under paragraph (2)’’ does
not include the sending of statements of ac-
count, which may include finance charges on
amounts in dispute, to the obligor following
written notice from the obligor as specified
under subsection (a), if—
(1) the obligor’s account is not restricted or
closed because of the failure of the obligor to
pay the amount indicated under paragraph (2)
of subsection (a), and
(2) the creditor indicates the payment of
such amount is not required pending the credi-
tor’s compliance with this section.
Nothing in this section shall be construed to
prohibit any action by a creditor to collect any
amount which has not been indicated by the ob-
ligor to contain a billing error.
(d) Restricting or closing by creditor of account
regarded by obligor to contain a billing error
Pursuant to regulations of the Bureau, a cred-
itor operating an open end consumer credit plan
may not, prior to the sending of the written ex-
planation or clarification required under para-
graph (B)(ii), restrict or close an account with
respect to which the o
Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 1666a
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