Credit Access and Inclusion Act of 2025

# Credit Access and Inclusion Act of 2025 - Summary **What the bill would do:** The Credit Access and Inclusion Act of 2025 would modify how credit reporting agencies handle certain financial information when calculating credit scores. Specifically, it would allow alternative payment data—such as rent, utility, phone, and streaming service payments—to be included in credit reports and considered when determining creditworthiness. Currently, these types of payments are largely excluded from traditional credit scoring models, which primarily rely on credit cards, loans, and other traditional borrowing history. **Who it affects and key provisions:** This bill would primarily affect consumers who have limited credit history, including young adults, immigrants, and low-income individuals who may not use traditional credit products but do make regular payments for housing, utilities, and other services.

By broadening what counts toward credit scores, the legislation aims to help these groups build credit history and potentially qualify for loans or better interest rates. The bill would also likely involve changes to how credit reporting agencies collect and report this alternative data. **Current status:** As of now, S 1465 is in committee, meaning it has been introduced but has not yet been debated or voted on by the full Senate. The bill was sponsored by Senator Tim Scott (R-SC).