Credit repair organization communications with furnishers of information

(a) In general The Credit Repair Organizations Act (15 U.S.C. 1679 et seq.) is amended by inserting after section 408 the following: 408A. Credit repair organization communications with furnishers of information Disputes submitted to a person who furnishes information to a consumer reporting agency by or on behalf of a credit repair organization shall meet the following requirements: (1) If sent by mail, the dispute shall be transmitted by first class mail and list on the envelope the— (A) name of the credit repair organization; and (B) State license number of the credit repair organization, if applicable. (2) The dispute shall list the— (A) name of the credit repair organization; (B) State license number of the credit repair organization, if applicable; and (C) name of the consumer on whose behalf the dispute is submitted. (3) In the case of any additional communication after an initial dispute, the additional communication shall clearly and conspicuously identify any material changes to the information provided in the initial written dispute and include the information described in paragraphs (1) and (2). (4) In the case where a credit repair organization sells or otherwise provides an online or paper blank dispute form to be completed and filed by the consumer, such form must contain the— (A) name and address of such credit repair organization; and (B) State license number of such credit repair organization, if applicable. (5) In the case where the person responds to a dispute submitted by a credit repair organization seeking clarifying information, verifying if the customer has actually engaged with the credit repair organization, or denying the accuracy of the underlying claim, the credit repair organization shall respond in writing within 15 business days. (6) In the case where the credit repair organization is an attorney, the attorney shall certify that any communication is consistent with any information or documentation provided by the consumer, confirmed based upon methods or means proven to be historically reliable and accurate. (7) A credit repair organization, when sending a dispute, shall disclose the fact that it is a credit repair organization by placing the following disclosure on the dispute letter: This communication was submitted or prepared on behalf of the consumer by a credit repair organization, as defined in section 403 of the Credit Repair Organizations Act (15 U.S.C. 1679a).. (b) Clerical amendment The table of contents for the Credit Repair Organizations Act is amended by inserting after the item relating to section 408 the following: 408A. Credit repair organization communications with furnishers of information..