New Hampshire § 359-B:2 Findings and Purpose

New Hampshire Statutes

§ 359-B:2 — Findings and Purpose

New Hampshire § 359-B:2

Title XXXITRADE AND COMMERCE

Ch. 359-BCONSUMER CREDIT REPORTING

This text of New Hampshire § 359-B:2 (Findings and Purpose) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 359-B:2 (2026).

Text

I. The general court makes the following findings:

(a)The banking system is dependent upon fair and accurate credit reporting. Inaccurate credit reports directly impair the efficiency of the banking system, and unfair credit reporting methods undermine the public confidence which is essential to the continued functioning of the banking system.

(b)An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, character, and general reputation of consumers.

(c)Consumer reporting agencies have assumed a vital role in assembling and evaluating consumer credit and other information on consumers.

(d)There is a need to insure that consumer reporting agencies exercise their grave responsibilities with fairness, impartiality,

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I. The general court makes the following findings:
(a) The banking system is dependent upon fair and accurate credit reporting. Inaccurate credit reports directly impair the efficiency of the banking system, and unfair credit reporting methods undermine the public confidence which is essential to the continued functioning of the banking system.
(b) An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, character, and general reputation of consumers.
(c) Consumer reporting agencies have assumed a vital role in assembling and evaluating consumer credit and other information on consumers.
(d) There is a need to insure that consumer reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumer's right to privacy.
II. It is the purpose of this chapter to require that consumer reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, and other information in a manner which is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such information in accordance with the requirements of this chapter.