15 U.S.C. 1681s-2(a)(1)(F) (Reporting information during COVID-19 pandemic)

The record

Jurisdiction

United States

Level

Federal

Authority

Fair Credit Reporting Act sec. 623(a)(1)(F)

Issued

2020-03-27 Mar. 27, 2020

Effective

applies to accommodations made during the covered period beginning Jan. 31, 2020 (read as 2020-01-31)

End

120 days after the later of Mar. 27, 2020 or the termination of the national emergency (national emergency ended Apr. 10, 2023) (read as 2020-03-27)

In force

Jan. 31, 2020 to Mar. 27, 2020

Quarters

2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3

2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3

Limitation types

Other

Addressees

• furnishers (every lender and servicer that reports to consumer reporting agencies)

Functions reached

• SV (credit reporting on every accommodated account)
• CL
• ML
• BL

Collection

Financial Services SEC-13

Operative words

The term 'accommodation' includes an agreement to defer 1 or more payments, make a partial payment, forbear any delinquent amounts, modify a loan or contract, or any other assistance or relief granted to a consumer who is affected by the coronavirus disease 2019 (COVID-19) pandemic during the covered period.... The term 'covered period' means the period beginning on January 31, 2020 and ending on the later of (aa) 120 days after March 27, 2020; or (bb) 120 days after the date on which the national emergency... terminates.... if a furnisher makes an accommodation with respect to 1 or more payments on a credit obligation or account of a consumer, and the consumer makes the payments or is not required to make 1 or more payments pursuant to the accommodation, the furnisher shall report the credit obligation or account as current

Enforcement

Notes