WASHINGTON -- The House is to vote Wednesday on an amendment that would make it more difficult for credit card issuers to market additional services to cardholders.

The measure, sponsored by Rep. Charles E. Schumer, D-N.Y., will be considered when the House takes up the Consumer Reporting Reform Act. The bill is primarily intended to overhaul the Fair Credit Reporting Act of 1970, making it easier for consumers to identify and correct errors in their credit histories.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.