Relating to requiring consumer reporting agencies to notify a consumer when inaccurate information in the consumer's file is corrected.

SB 695 requires credit bureaus (consumer reporting agencies) to notify consumers via email when inaccurate information in their credit file is corrected, if the consumer provides an email address. This directly affects consumers who dispute errors on their credit reports. The bill mandates that bureaus send a secure link to a free corrected credit report within 30 business days of the correction. The law takes effect September 1, 2025, applying only to corrections made on or after that date.