Credit Cardholders' Bill Of Rights Act Of 2009 - Continued

Floor Speech

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Mrs. GILLIBRAND. Madam President, my amendment is very simple. It basically says that the Fair Credit Reporting Act will require rating agencies to make available credit reports in languages other than English. This is very important, because we have 22 million Americans who have limited English proficiency, and so this basic requirement will make sure that these translations are made available so folks have the opportunity to understand what their credit report is.

When we have a serious economic downturn, as we have today, where we have 3.5 million jobs lost, more than half in the last few months alone, we need to do everything we can to get our families back in the fight to make sure that we have good jobs to make sure they can provide for their families.

Being able to understand your credit rating is very much part of that process. So this very simple amendment will make sure those 22 million Americans have access to their credit report in a form they can fully understand.

I yield the floor.

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