District of Columbia Statutes

§ 26-1152.07 — Failing to report favorable payment record.

District of Columbia § 26-1152.07
JurisdictionDistrict of Columbia
Title 26Banks and Other Financial Institutions.
Ch. 11AHome Loan Protection.
Subch. IIProhibited Practices.

This text of District of Columbia § 26-1152.07 (Failing to report favorable payment record.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 26-1152.07 (2026).

Text

A lender or its servicer shall report a borrower’s favorable payment history and information to a nationally recognized credit-reporting agency at least once every 12 months. This section shall not prevent a lender or its servicer from agreeing with the borrower not to report payment history information and shall not apply to covered loans held or serviced by a lender for less than 90 days. Nothing in this section shall prevent a lender from reporting a borrower’s unfavorable payment history.

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Legislative History

May 7, 2002, D.C. Law 14-132, § 207, 49 DCR 2551

Nearby Sections

15
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Bluebook (online)
District of Columbia § 26-1152.07, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/26-1152.07.