Welcome to Consumer Reports Advocacy

Consumer Reports is an independent nonprofit organization that works for a fair, safe and transparent marketplace.

Since we were founded as Consumers Union in 1936, we have advocated for the rights of all consumers. Now, we are united under the Consumer Reports name, bringing together our trusted testing, research, journalism, and advocacy.

We hope you will partner with us and our six million members for a better world.

CU opposes proposal to require utilities to report payment information to credit reporting agencies

Opposition of Consumers Union to Fannie Mae’s conceptual proposal to require utilities to report payment history to credit bureaus
Consumers Union is strongly opposed to Fannie Mae’s conceptual proposal to require California utilities to report consumer utility payment history to consumer credit reporting agencies. We are sympathetic to the goal of providing an efficient means to consider the utility payment histories of those consumers who wish to have this information examined, but we oppose reporting of all consumers’ utility payment histories because this approach is highly likely to have unacceptably harmful consequences for many low and moderate income consumers. We remain willing to explore with you other means of achieving the goal of streamlining access to the utility payment information of those consumers who are in the home finance marketplace if those consumers affirmatively request that this information be considered.
For the letter to Fannie Mae click here.