To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes.

HR 5083 requires the Bureau of Consumer Financial Protection (CFPB) and Federal Trade Commission (FTC) to study whether credit scoring models that include additional factors - like rent, utility, telecom, and insurance payment histories - affect how lenders assess consumer creditworthiness. The agencies must submit a report to Congress by December 2025 analyzing these models' impact on credit evaluations. This bill does not change current credit practices but mandates a review of non-traditional data sources used in scoring. It directly concerns creditors who use credit scores and consumers whose credit profiles might be influenced by these factors.